The “Volatility Index Meter” measures the over-bought and/or over-sold condition of the stock market
OptionsWest “Volatility Index Meter”
The “Volatility Index meter” is a great tool to show us overall market money flow and when the market is in an over-bought or over-sold position. The meter is most reliable at extremes. When the arrow is deep into the green we are big buyers in the market. When the arrow is deep into the red we tighten our stops and do not put on new trading positions.
A sample “Volatility Index Meter” is presented below, just click on the logo:
The Volatility Index Meter is available in the member’s area of the website…