The above chart shows intraday values of the VIX index, while the gauge shows the corresponding intraday readings of our CrystalBull Vixen™.
HOW TO USE: The yellow line in the center chart represents the CrystalBull Vixen™. It is displayed in a standard technical analysis format, where a reading above +50 (red line) represents a possible negative trend reversal (investors seem unsustainably fearful, and the VIX may trend downward going forward), and a reading below -50 (green line) represents a possible favorable trend reversal (investors appear greedy or complacent, and the VIX may trend higher going forward). The official readings are calculated after all the closing data are in for each day. Trades are either executed in the after-hours market, or at the market open the following day. The model assumes that the market open prices match the previous days' closing prices. The Indicator chart draws a line from data point to data point. Where that line crosses the green or red line is not relevant; Monitor only the data points along the line.