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Jake Wujastyk: VIX remains largely unchanged, may experience a sudden move

Jake Wujastyk: VIX remains largely unchanged, may experience a sudden move
VIX flat, sudden move possible

The VIX, a widely followed measure of market volatility, is showing little movement. Jake Wujastyk, founder and CEO of TrendSpider, suggests that if current patterns repeat, the index could see a sudden and unexpected move.

Wujastyk has recently pointed out a series of market developments. He highlighted that Russell 2k futures have posted nine consecutive weekly declines. In another update, he noted that prices for SMH, SOXX, and SOXL advanced through much of a volume gap. These observations reflect his ongoing focus on technical patterns across major indexes and ETFs.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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