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Wednesday, January 28, 2015
Volatility is on the increase
Volatility is on the increase since the start of the year as markets start to adjust to life after QE. As I keep saying. Not only will the Fed not raise rates, they will be forced to reintroduce QE again this year sometime to bring down the $USD from dangerously high levels.
The VIX did pull back but it was still above 15.0 and it has made a higher low. Let see now if it makes a higher high. I would not be surprised to see it go quite a bit higher.
The $SPXA50R is now back into the bearish zone so lets see if this makes a continuation downward.
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