Day Trading Forex, Index Futures, Commodity Futures & Equities
Saturday, October 24, 2009
S & P Inverse Correlation with the Volatility Index
Since the market meltdown a year ago I have been watching the Volatility Index (VIX) trade in an inverse correlation with the S & P 500 (SPX). As long as the VIX trends lower I will be bullish on the SPX on a longer time frame.
I have been day trading my own account since 2002. Previous to that I have worked for many Wall Street firms providing investment advice and investment banking for small start up companies. I am currently working with a private equity firm providing small business owners with alternative funding to grow their business.
No comments:
Post a Comment