Correlations

*source Factor Ad visors, Reformed Broker

Volatility and Vix

The vix looks like that it is in range. The market is entierly news driven with bouts of bad news increasing the volatility and thn positive news pacifies the market. this shows the overall trend of all the markets which i believe, will be in range for next couple of months.

Breakout in VIX

VIX index has broken its current resistance and it can scale higher in current uncertainty about markets and economy.VIX index generally sense the turbulent markets and it can also be called the fear inde of markets.Last time when VIX broke these levels it knocked off good 7-8 % of the market. considering market already around its lows and spike in VIX index can be detrimental to the markets