Trader Brian Jones on Twitter: "The reason I stopped using the $VIX as a tool to predict the market's next move was that because of COVID it got out of whack and was trading much higher than justified. Even at record highs for the S&P $VIX was historically higher than normal." / Twitter

The reason I stopped using the $VIX as a tool to predict the market's next move was that because of COVID it got out of whack and was trading much higher than justified. Even at record highs for the S&P $VIX was historically higher than normal.

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Trader Brian Jones

@MasterBJones

Feb 24

For the first time in years I'm going to start using the $VIX as a tool for predicting market bottoms. Why? Because the $VIX moves down before the S&P moves up in this situation. In 2008 the $VIX actually was falling when the market was falling because of different reasons.

11:38 AM · Feb 24, 2022Twitter Web App

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Do you think the war will continue till next week!! I know all of us don’t have the answer but I’m feeling sad for the victims 😞 also I know we should continue move on. It’s our job we need money to live

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The last cpl of weeks vix has been helping me. Its been hitting key areas of support/resistance helping me with distinguish possible tops/bottoms. Maybe its getting close to being reliable again?;

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