Day trading Market ,using Vix to show market volatility

day trading vix

Day trading Market , VIX monthly chart

I put this monthly chart if Vix, to show you a big picture. The Red are, is everything below 20 points.For me is area where market is toff to trade as Swing trader or Day trader.

As you ca see, we still in bearish movement on long term.13.00 – 12.70 points is a resistance for sellers to bring market volatility lower and keep market low. Last 3 months , we try to close under this resistance. Sellers keep try again and again, and even if they fail at the end of the months, they still pushing ViX at lower level.

So what that mean? For me…stay away from the market right now, at least from Stocks.  Is why I start to post more about other Commodity and Currency. (is a good part of market…when one index are in hight risk and out of “good profits”  there are always something to trade )

vix trading

Day Trading Market , daily Vix chart

On Daily chart since few day you can see we was going short,I used my red trend to show this movement

This week I’m looking for a new short term Break Out on market. Buyers will try to close above 50MA and then go test 200MA. And if we go Short, sellers will try from they side the lowest level so far achieve, and push lower. the challenge for sellers if they go lower, is to close the month under 13 points.

By looking in general at Market, we can see what VIX show us…low volume and toff trading. Be at top of the market, doesn’t help. It’s why I will stay away this week from Market to watch what it’s going on.

PS:Be at this level of market, it’s steal possible to make money on daily level,is not a big deal for most of educated traders. My points, it’s If your not educated about trading at some point, and you should not use real money. And Be at this level at market (lower than 20 points on vix…is even worst if you try to get in trading and make money, Market will not just take your money, but blow your account again and again, try if you don’t believe me  ).If you are interesting to get educated in market,  doesn’t mater where you are in the world, send us an e-mail with your question)