Volatility

I would like to take a minute and talk about the $VIX and the signal it’s signaling. Below is the chart of the $VIX and if you look closely you can see that the last few candles have steadily been on the rise, with the market. That is not a common occurrence and it’s something that needs to be monitored as it may be a signal that this parabolic market is going to stop and breathe. The market may not pullback like we all want, but it may consolidate for a period of time. It almost feels like the $VIX is ready to take off, a coiled spring ready to launch.