Weekend Market Commentary: Volatility And Price Tell The Story

The term structure of VIX futures has also flattened out and is trading above spot VIX. The curve isn’t quite back to healthy contango, but it’s trying.

vix futures term structure chart january 2016

Market Stats:

us stock market indexes performance chart january 2016

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Stock Market Price Levels of Interest:

In the levels of interest section, we’ll drill down to the daily timeframe to see what’s happening in the markets. We’ll look at the S&P 500 Index (SPX) and the Russell 2000 ($RUT).

S&P 500 Index – $SPX Daily Chart

spx sp 500 index chart price resistance levels for february

Russell 2000 Index – $RUT Daily Chart

russell 2000 index chart price resistance levels for february

Thanks for reading.

 

Twitter: @ThetaTrend

Author holds positions in S&P 500 and Russell 2000 related securities at the time of publication. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.