Vix Reverses
There’s not too much to look at again tonight.
If you are bottom fisher, you might consider those sectors that bounced off of
their recent lows (like the overall market itself).
For you OEX players, the VIX reversed after
gapping higher. This, combined with the fact that the indices appear to be
finding support, suggests that may be an opportunity in those strategies which
seek to capture a decrease in volatility.
Best of
luck with your trading on Friday!
P.S. Reminder:
Protective stops on every trade!