- I am surprised as to how closely VIX is moving in line with FVE. I realize that the FVE model was created to provide a "fair value" level for VIX...but in the past, VIX moved considerably over or under FVE's value. The disparity between the two was good in the sense that it provided for excellent opportunities to go long or short VIX & VIX related instruments relative to the FVE. Unfortunately, I'm not seeing to many of those opportunities during the past several weeks.
- As for SPY, the chart shows that SPY is continuing its downtrend--having broken below the mid-term rising trendline. While the market correction is likely to continue, the rate of the fall has not been very steep, thus would likely limit volatility from rising sharply.
- As for SPY, the chart shows that SPY is continuing its downtrend--having broken below the mid-term rising trendline. While the market correction is likely to continue, the rate of the fall has not been very steep, thus would likely limit volatility from rising sharply.
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