Sunday, August 12, 2012

Markets show signs of Complacency...

For Long Term Traders, The FX markets are once again showing signs of complacency.
The VIX (Volatility Index) has once again dipped to it lowest levels.
This is a sign of an impending Reversal.

I am not saying that we will be witnessing an immediate reversal but nevertheless, It is wise not to be complacent...

The VIX Weekly













Should this reversal pan out in the following weeks/months, then a general Risk OFF scenario is in-line with my books. Look at previous posts on Euro, Aussie and the S&P500 Index...

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