A Crucial Indicator as Debt Talks Continue…
With the debt ceiling talks coming down to the wire, the CBOE Volatility Index (VIX) has been slowly climbing.
It’s time to keep an eye on this indicator to get a clue as to which direction the market is headed.
This will be especially true if the rhetoric out of Washington turns nasty.
In the video below, I cover everything you need to know about the VIX and tell you which levels to watch for.
Check it out to see how to stay ahead of the market.
YOUR ACTION PLAN
Pay attention to the VIX. It will tell you how much the markets are panicking as the debt deadline approaches. It will also clue you in to the best buying opportunities – and rest assured, we track the VIX in The War Room and are ready to trade accordingly. I’m personally inviting you to join so you can start trading alongside Bryan and me. Right now, we’re guaranteeing you’ll receive 252 winning trades in your first 12 months of membership.
FUN FACT FRIDAY
Recession? Not According to April Data. April’s core retail sales topped expectations, which indicates that the economy is still not in a recession. However, with all the drama surrounding the debt ceiling, market volatility could remain front and center.
If you want to see how we avoid the panic and use proven strategies to generate consistent winning trades – even in times of volatility – click here to check out The War Room.