Wild flash spikes and flash crashes are occurring in the VIX
volatility index. At the opening bell for the regular session on Tuesday, 1/23/18, the VIX shot
higher to 11.57 then immediately collapsed to 10.86. At 10:10 AM, the VIX flash
spikes from 11.00 to 11.57 then immediately retreats to 10.90. At 10:56 AM, the
VIX flash spikes from 10.88 to 11.40 then immediately flash crashes back to
10.88. These three moves are generally up and down about 7% each time with each
occurring in only a couple minutes time. The odd market behavior continues.
The VIX is at 10.87 remaining above the important 200-day MA
at 10.83 but the battle continues. Market bulls win big under 10.83. Market bears win big if the VIX stays above 10.83 and moves higher above 11 towards 12. 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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