THE STOCK & ETF CORNER

VXX : Attractive buy candidate !

VIX/UUP : UD Dollar & Volatility

Interesting to see how correlated are the $VIX (Volatility Index) and UUP (US dollar ETF). 

According to my SPY analysis earlier this morning, this is what I should expect regarding the US Dollar (UUP) and Volatility ($VIX) going forward in the next few months.

 

VIX: Too complacent to buy !

I'm still waiting for that VIX to spike up to the resistance line in before I start to get long this market. I know that we have been drifting lower in the past few days, were are getting oversold,but i'm still not sensing any ... fear. Until there is complacency, I'll be shorting the bounces.

SPY/VIX : A question of time !