Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. VIEW IN GOOGLE CHROME BROWSER. DISABLE YOUR ADBLOCK SOFTWARE.
Wednesday, February 1, 2017
VIX Volatility 1-Minute Chart; VIX Prints 9-Handle; VIX Flash Crash -16% then Flash Spike Recovery
The gremlins are making mischief in markets. At the Federal Reserve rate decision exactly at 2 PM EST, the VIX flash crashes from 11.80 to 9.97, printing a 9-handle, then immediately flash spikes back to 11.75 all in seconds. Obviously, it is the battle of the algorithms. Watch your wallet. Flash crashes and flash spikes are occurring all around you. The exchanges keep sweeping them under the rug but the lump in the carpet is becoming more noticeable. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.
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