RISK: The CBOE's volatility indicator or VIX stands at 23.21, after trading in a 21.86 to 23.57 range.
First Published Tuesday, 27 July 2010 06:31 pm - © 2010 Need to Know News
RISK: The CBOE's volatility indicator or VIX stands at 23.21, after trading in a 21.86 to 23.57 range. The clear-cut break and close below the 200-day moving average Monday, (at 23.37 Tuesday) bode well for risk appetite, but more followthrough may be needed to cement the trend, traders say. The 21.86 low seen earlier is the loweest level seen in the VIX since May 3 (19.61).
