The VIX, widely considered the fear gage within the markets, popped over 35% in intraday trading on Thursday, signaling a possible return of volatility as major indexes retreat amid geo-political concerns and gradual monetary policy tightening.
Dipping into all-time lows just weeks ago as the strong bullish run of 2017 raged on, the VIX remained eerily tranquil. However, the Volatility Index surged to, 15.49, a high not seen since May 2017.
The above chart created for free using the award-winning NinjaTrader platform and FREE End of Day Kinetick Data feed, displays daily price action for the VIX since January 2017. Utilizing NinjaTrader’s Data Box, one can gain quick access to all instrument data including Price, Open, High, Low, Close & indicator values.
Many experts have been bracing for a market correction and the long-awaited volatility could be on the horizon. Employing proper risk mitigation measures is always necessary when live trading and paramount during times of heightened volatility.
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