NASDAQ Technical Picture - Technical Bounce
Market volatility decreased sharply today as the equities staged a technical bounce. The VIX (CBOE Volatility Index) closed -6.99 (-22.5%) to 24.10, while the tech-focused VXN (Nasdaq Volatility Index) closed -5.23 (-15.0%) to 29.71. The CBOE put/call ratio closed at 1.21, indicating more active put trading than call trading. The TRIN ended the session under 0.50 (0.32) which bodes well for continuation tomorrow.
2 comments:
Jamie,
I (and I'm sure your other readers) appreciate that you still find time to post. Thanks.
Thanks Jim,
Sometimes I feel like a slave to the blog and other times I just feel compelled to blog. Either way, it's nice to be appreciated.
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