Volatility Floored
Zero Hedge -

Via Dana Lyons' Tumblr,

The VIX may struggle to move much lower than current levels - and may signal limitations to further stock market gains.

Some folks argue that technical analysis cannot be applied — and therefore should not be attempted — on volatility markets. We actually used to be in that camp but, given the evidence we’ve observed over time, we have changed our tune. We think support and resistance levels, particularly via trendlines, have been readily identifiable on many...

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