{"id":198204,"date":"2024-10-02T09:02:27","date_gmt":"2024-10-02T13:02:27","guid":{"rendered":"https:\/\/ibkrcampus.eu\/campus\/uncategorized\/chart-advisor-how-much-is-too-much-volatility\/"},"modified":"2024-10-03T10:26:20","modified_gmt":"2024-10-03T10:26:20","slug":"chart-advisor-how-much-is-too-much-volatility","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.eu\/campus\/traders-insight\/securities\/macro\/chart-advisor-how-much-is-too-much-volatility\/","title":{"rendered":"Chart Advisor: How Much is Too Much Volatility?"},"content":{"rendered":"\n<p>By&nbsp;<a href=\"https:\/\/links.investopedia.com\/u\/click?_t=36ba8fa8372241d58b3bfc06997a4332&amp;_m=13fc311fcf234258a45411edaa929ebc&amp;_e=jeEm9t9VURB1fZMDULsxMifyuAQf1L6heVUz4QrSMOGRWv6x2ahlN-J_rlhP-nM6VKDLVji3LZLPkpg--VG6jCh5Ms-FPDiHKWX4dusAVhWRQYWbRyS-widmWQ9hz4EZ6e_UrAbJhJ4bglOVDu164mR5eyWzaxOHcbOU-MnjtiiDT114szUb1jlLBRpzSB_BhHkwR9EpAK6IYApw-F0usi-EaW2l-0aCkGyp3FLhCSXpxGEl4X3IRObtfZEb1kVSrjDbcYID8X_UN891VkVOxxfGJW3bisDHPowzChM-wvUXpovYh_GeTuQSn02ogGxglEZx6dX9PwoDHscUhl2_yJlouATPtmqVlA2Nv91jcug7AckPOEWFG6QMKk1r-5-9aTd9aO3RNCISYRi8YOZLSx-J_XvN5-ny0ewD41gtd5N3MTIHiKt0EZUoSyQvA-K4E2TS15ZdF-BcoXkc1vYUuwTmy5AnP-rvcLxPmTyrNjY%3D\">David Keller, CMT<\/a><\/p>\n\n\n\n<p><strong>1\/ How Much Volatility is Too Much Volatility?<\/strong><\/p>\n\n\n\n<p><strong>2\/ Key Support Levels for QQQ as Tech Breaks Down<\/strong><\/p>\n\n\n\n<p><strong>3\/ Countertrend Rally in Play for Energy Stocks?<\/strong><\/p>\n\n\n\n<p><em>Investopedia is partnering with CMT Association on this newsletter. &nbsp;The contents of this newsletter are for informational and educational purposes only, however, and do not constitute investing advice. The guest authors, which may sell research to investors, and may trade or hold positions in securities mentioned herein do not represent the views of CMT Association or Investopedia. Please consult a financial advisor for investment recommendations and services.<\/em><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-1\">1\/<\/h2>\n\n\n\n<p><strong>How Much Volatility is Too Much Volatility?<\/strong><\/p>\n\n\n\n<p>The VIX uses trading activity in the S&amp;P 500 index options market to imply volatility for the S&amp;P 500 index itself.&nbsp; Up until mid-July, the VIX has remained firmly in a \u201clow volatility\u201d range below 20.&nbsp; In fact, much of the first half of 2024 saw the VIX remain below 15.<\/p>\n\n\n\n<p>A spike in the VIX, as we saw in early August when the VIX reached one of its highest levels in history, suggests elevated uncertainty and therefore elevate risks.&nbsp; For me, 20 is the key level to watch.&nbsp; Anything below 20 is probably noise, but anything above 20 means I sit up in my chair and take note.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img decoding=\"async\" width=\"1100\" height=\"551\" data-src=\"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/10\/10021-1100x551.png\" alt=\"\" class=\"wp-image-198219 lazyload\" style=\"--smush-placeholder-width: 1100px; aspect-ratio: 1100\/551;width:950px;height:auto\" data-srcset=\"https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2024\/10\/10021-1100x551.png 1100w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2024\/10\/10021-700x351.png 700w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2024\/10\/10021-300x150.png 300w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2024\/10\/10021-768x385.png 768w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2024\/10\/10021-1536x770.png 1536w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2024\/10\/10021.png 1920w\" data-sizes=\"(max-width: 1100px) 100vw, 1100px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" \/><\/figure>\n\n\n\n<p><em>Courtesy of StockCharts.com<\/em><\/p>\n\n\n\n<p>Past performance is not indicative of future results<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Since popping above 60 on an intraday basis in early August, the VIX has settled back between 15 and 20 for most of the last six weeks.&nbsp; But as we head into October, usually one of the weakest months based on seasonal trends, I\u2019m watching for the telltale sign of a VIX spike above the 20 threshold.<\/p>\n\n\n\n<p>The last two times we spiked above 20, in early August and early September, the S&amp;P 500 experienced a brief pullback before retesting all-time highs.&nbsp; But all major market corrections in modern history have been marked by a spike in volatility.&nbsp; My mentor Ralph Acampora loves to refer to a famous market maxim, saying, \u201cMarkets go up the escalator and down the elevator.\u201d&nbsp; A VIX over 20 means the elevator is most likely going down!<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-2\">2\/<\/h2>\n\n\n\n<p><strong>Key Support Levels for QQQ as Tech Breaks Down<\/strong><\/p>\n\n\n\n<p>The first trading day of Q4 saw the technology sector drop over 2%, causing the tech-heavy Nasdaq 100 to underperform both the S&amp;P 500 and Dow Jones Industrial Average.&nbsp; But how much downside would we need to see to label the QQQ as something other than a bullish trend?<\/p>\n\n\n\n<p>As a trend-follower, my goal is to define trends and also to identify what signals would cause me to confirm a change in that trend.&nbsp; For the Nasdaq 100, a simple trendline off the recent swing lows could provide an easy way to identify a downside reversal<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1100\" height=\"563\" data-src=\"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/10\/10022-1100x563.png\" alt=\"\" class=\"wp-image-198210 lazyload\" data-srcset=\"https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2024\/10\/10022-1100x563.png 1100w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2024\/10\/10022-700x358.png 700w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2024\/10\/10022-300x153.png 300w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2024\/10\/10022-768x393.png 768w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2024\/10\/10022-1536x786.png 1536w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2024\/10\/10022.png 1920w\" data-sizes=\"(max-width: 1100px) 100vw, 1100px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1100px; aspect-ratio: 1100\/563;\" \/><\/figure>\n\n\n\n<p><em>Courtesy of StockCharts.com<\/em><\/p>\n\n\n\n<p>Past performance is not indicative of future results<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Using the August and September lows as a starting point, we can draw a trendline which lines up quite well with the 50-day moving average.&nbsp; So as long as the QQQ remains above trendline support, then any sort of pullback is just \u201cnoise\u201d within the context of a primary uptrend.<\/p>\n\n\n\n<p>I\u2019d encourage you to avoid the temptation of labeling this chart as a head and shoulders topping pattern, because one of the key aspects of this pattern is a symmetry between the two halves of the pattern.&nbsp; For the QQQ, I wouldn\u2019t consider the highs to the left and right of the July peak to be similar enough to label this as a head and shoulders top.&nbsp; However, a neckline based off that pattern would indicate potential support around the 200-day moving average.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-3\">3\/<\/h2>\n\n\n\n<p><strong>Countertrend Rally in Play for Energy Stocks?<\/strong><\/p>\n\n\n\n<p>One thing I\u2019ve learned over my career is that when crude oil prices are heading lower, energy stocks tend to be a pretty bearish trade.&nbsp; And 2024 has played out pretty much exactly as you\u2019d expect given the weakness in the chart of crude oil.<\/p>\n\n\n\n<p>But at some point, energy stocks in primary downtrends often flash some contrarian bullish signals, as we are noting this week on the chart of APA Corporation (APA).<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" width=\"1100\" height=\"552\" data-src=\"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/10\/10023-1100x552.png\" alt=\"\" class=\"wp-image-198209 lazyload\" data-srcset=\"https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2024\/10\/10023-1100x552.png 1100w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2024\/10\/10023-700x351.png 700w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2024\/10\/10023-300x151.png 300w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2024\/10\/10023-768x386.png 768w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2024\/10\/10023-1536x771.png 1536w, https:\/\/ibkrcampus.eu\/campus\/wp-content\/uploads\/sites\/3\/2024\/10\/10023.png 1920w\" data-sizes=\"(max-width: 1100px) 100vw, 1100px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 1100px; aspect-ratio: 1100\/552;\" \/><\/figure>\n\n\n\n<p><em>Courtesy of StockCharts.com<\/em><\/p>\n\n\n\n<p>Past performance is not indicative of future results<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>In February of this year, then again in June, we noticed a bullish momentum divergence.&nbsp; This is when the price makes a lower low but the momentum indicator, in this case RSI, makes a higher low.&nbsp; This divergence implies that downside pressure is alleviated and an upswing may be imminent.<\/p>\n\n\n\n<p>Previous signals in February and June resulted in a brief upswing to test the 200-day moving average.&nbsp; As we\u2019ve seen a similar bullish divergence in September, APA may be setting up for a countertrend move in the coming weeks.&nbsp; As the two previous upturns ended with the RSI reaching the overbought level, the RSI indicator could provide an effective way to track any upside reaction to the recent bullish signal.<\/p>\n\n\n\n<p>&#8212;<\/p>\n\n\n\n<p>Originally posted 2nd October 2024<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By&nbsp;David Keller, CMT 1\/ How Much Volatility is Too Much Volatility? 2\/ Key Support Levels for QQQ as Tech Breaks Down 3\/ Countertrend Rally in Play for Energy Stocks? Investopedia is partnering with CMT Association on this newsletter. &nbsp;The contents of this newsletter are for informational and educational purposes only, however, and do not constitute [&hellip;]<\/p>\n","protected":false},"author":186,"featured_media":198205,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[144,335,146,12,153,22,148,7],"tags":[2310,671,806,1401,745],"contributors-categories":[503],"class_list":{"0":"post-198204","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-commodities","8":"category-etfs","9":"category-macro","10":"category-securities","11":"category-stocks","12":"category-technical-analysis","13":"category-text-articles","14":"category-traders-insight","15":"tag-apa","16":"tag-crude-oil","17":"tag-nasdaq","18":"tag-qqq","19":"tag-vix","20":"contributors-categories-investopedia"},"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Chart Advisor: How Much is Too Much Volatility?<\/title>\n<meta name=\"description\" content=\"The VIX uses trading activity in the S&amp;P 500 index options market to imply volatility for the S&amp;P 500 index itself.\u00a0 Up until mid-July, the VIX has...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/198204\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chart Advisor: How Much is Too Much Volatility?\" \/>\n<meta property=\"og:description\" content=\"The VIX uses trading activity in the S&amp;P 500 index options market to imply volatility for the S&amp;P 500 index itself.\u00a0 Up until mid-July, the VIX has remained firmly in a \u201clow volatility\u201d range below 20.\u00a0 In fact, much of the first half of 2024 saw the VIX remain below 15. For me, 20 is the key level to watch.\u00a0 Anything below 20 is probably noise, but anything above 20 means I sit up in my chair and take note.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.interactivebrokers.eu\/campus\/traders-insight\/chart-advisor-how-much-is-too-much-volatility\/\" \/>\n<meta property=\"og:site_name\" content=\"IBKR Campus EU\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-02T13:02:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-03T10:26:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2024\/10\/10021-2.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"962\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Contributor Author\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Contributor Author\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t    \"@context\": \"https:\\\/\\\/schema.org\",\n\t    \"@graph\": [\n\t        {\n\t            \"@type\": \"Article\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/chart-advisor-how-much-is-too-much-volatility\\\/#article\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/chart-advisor-how-much-is-too-much-volatility\\\/\"\n\t            },\n\t            \"author\": {\n\t                \"name\": \"Contributor Author\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#\\\/schema\\\/person\\\/e823e46b42ca381080387e794318a485\"\n\t            },\n\t            \"headline\": \"Chart Advisor: How Much is Too Much Volatility?\",\n\t            \"datePublished\": \"2024-10-02T13:02:27+00:00\",\n\t            \"dateModified\": \"2024-10-03T10:26:20+00:00\",\n\t            \"mainEntityOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/chart-advisor-how-much-is-too-much-volatility\\\/\"\n\t            },\n\t            \"wordCount\": 843,\n\t            \"commentCount\": 0,\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/chart-advisor-how-much-is-too-much-volatility\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/3\\\/2024\\\/10\\\/10021-2.png\",\n\t            \"keywords\": [\n\t                \"APA\",\n\t                \"crude oil\",\n\t                \"Nasdaq\",\n\t                \"QQQ\",\n\t                \"VIX\"\n\t            ],\n\t            \"articleSection\": [\n\t                \"Commodities\",\n\t                \"ETFs\",\n\t                \"Macro\",\n\t                \"Securities\",\n\t                \"Stocks\",\n\t                \"Technical Analysis\",\n\t                \"Text Articles\",\n\t                \"Traders' Insight\"\n\t            ],\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"CommentAction\",\n\t                    \"name\": \"Comment\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/chart-advisor-how-much-is-too-much-volatility\\\/#respond\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"WebPage\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/chart-advisor-how-much-is-too-much-volatility\\\/\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/chart-advisor-how-much-is-too-much-volatility\\\/\",\n\t            \"name\": \"Chart Advisor: How Much is Too Much Volatility? - IBKR Campus EU\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#website\"\n\t            },\n\t            \"primaryImageOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/chart-advisor-how-much-is-too-much-volatility\\\/#primaryimage\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/chart-advisor-how-much-is-too-much-volatility\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/3\\\/2024\\\/10\\\/10021-2.png\",\n\t            \"datePublished\": \"2024-10-02T13:02:27+00:00\",\n\t            \"dateModified\": \"2024-10-03T10:26:20+00:00\",\n\t            \"author\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#\\\/schema\\\/person\\\/e823e46b42ca381080387e794318a485\"\n\t            },\n\t            \"description\": \"The VIX uses trading activity in the S&P 500 index options market to imply volatility for the S&P 500 index itself.\u00a0 Up until mid-July, the VIX has remained firmly in a \u201clow volatility\u201d range below 20.\u00a0 In fact, much of the first half of 2024 saw the VIX remain below 15. For me, 20 is the key level to watch.\u00a0 Anything below 20 is probably noise, but anything above 20 means I sit up in my chair and take note.\",\n\t            \"breadcrumb\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/chart-advisor-how-much-is-too-much-volatility\\\/#breadcrumb\"\n\t            },\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"ReadAction\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/chart-advisor-how-much-is-too-much-volatility\\\/\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"ImageObject\",\n\t            \"inLanguage\": \"en-US\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/chart-advisor-how-much-is-too-much-volatility\\\/#primaryimage\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/3\\\/2024\\\/10\\\/10021-2.png\",\n\t            \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/3\\\/2024\\\/10\\\/10021-2.png\",\n\t            \"width\": 1920,\n\t            \"height\": 962,\n\t            \"caption\": \"VIX and S&P 500, Line charts.\"\n\t        },\n\t        {\n\t            \"@type\": \"BreadcrumbList\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/traders-insight\\\/chart-advisor-how-much-is-too-much-volatility\\\/#breadcrumb\",\n\t            \"itemListElement\": [\n\t                {\n\t                    \"@type\": \"ListItem\",\n\t                    \"position\": 1,\n\t                    \"name\": \"Home\",\n\t                    \"item\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/\"\n\t                },\n\t                {\n\t                    \"@type\": \"ListItem\",\n\t                    \"position\": 2,\n\t                    \"name\": \"Chart Advisor: How Much is Too Much Volatility?\"\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"WebSite\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#website\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/\",\n\t            \"name\": \"IBKR Campus EU\",\n\t            \"description\": \"\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"SearchAction\",\n\t                    \"target\": {\n\t                        \"@type\": \"EntryPoint\",\n\t                        \"urlTemplate\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/?s={search_term_string}\"\n\t                    },\n\t                    \"query-input\": {\n\t                        \"@type\": \"PropertyValueSpecification\",\n\t                        \"valueRequired\": true,\n\t                        \"valueName\": \"search_term_string\"\n\t                    }\n\t                }\n\t            ],\n\t            \"inLanguage\": \"en-US\"\n\t        },\n\t        {\n\t            \"@type\": \"Person\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.eu\\\/campus\\\/#\\\/schema\\\/person\\\/e823e46b42ca381080387e794318a485\",\n\t            \"name\": \"Contributor Author\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.eu\\\/campus\\\/author\\\/contributor-author\\\/\"\n\t        }\n\t    ]\n\t}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Chart Advisor: How Much is Too Much Volatility?","description":"The VIX uses trading activity in the S&P 500 index options market to imply volatility for the S&P 500 index itself.\u00a0 Up until mid-July, the VIX has...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/198204\/","og_locale":"en_US","og_type":"article","og_title":"Chart Advisor: How Much is Too Much Volatility?","og_description":"The VIX uses trading activity in the S&P 500 index options market to imply volatility for the S&P 500 index itself.\u00a0 Up until mid-July, the VIX has remained firmly in a \u201clow volatility\u201d range below 20.\u00a0 In fact, much of the first half of 2024 saw the VIX remain below 15. For me, 20 is the key level to watch.\u00a0 Anything below 20 is probably noise, but anything above 20 means I sit up in my chair and take note.","og_url":"https:\/\/www.interactivebrokers.eu\/campus\/traders-insight\/chart-advisor-how-much-is-too-much-volatility\/","og_site_name":"IBKR Campus EU","article_published_time":"2024-10-02T13:02:27+00:00","article_modified_time":"2024-10-03T10:26:20+00:00","og_image":[{"width":1920,"height":962,"url":"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2024\/10\/10021-2.png","type":"image\/png"}],"author":"Contributor Author","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Contributor Author","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/chart-advisor-how-much-is-too-much-volatility\/#article","isPartOf":{"@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/chart-advisor-how-much-is-too-much-volatility\/"},"author":{"name":"Contributor Author","@id":"https:\/\/ibkrcampus.eu\/campus\/#\/schema\/person\/e823e46b42ca381080387e794318a485"},"headline":"Chart Advisor: How Much is Too Much Volatility?","datePublished":"2024-10-02T13:02:27+00:00","dateModified":"2024-10-03T10:26:20+00:00","mainEntityOfPage":{"@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/chart-advisor-how-much-is-too-much-volatility\/"},"wordCount":843,"commentCount":0,"image":{"@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/chart-advisor-how-much-is-too-much-volatility\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2024\/10\/10021-2.png","keywords":["APA","crude oil","Nasdaq","QQQ","VIX"],"articleSection":["Commodities","ETFs","Macro","Securities","Stocks","Technical Analysis","Text Articles","Traders' Insight"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ibkrcampus.eu\/campus\/traders-insight\/chart-advisor-how-much-is-too-much-volatility\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/chart-advisor-how-much-is-too-much-volatility\/","url":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/chart-advisor-how-much-is-too-much-volatility\/","name":"Chart Advisor: How Much is Too Much Volatility? - IBKR Campus EU","isPartOf":{"@id":"https:\/\/ibkrcampus.eu\/campus\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/chart-advisor-how-much-is-too-much-volatility\/#primaryimage"},"image":{"@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/chart-advisor-how-much-is-too-much-volatility\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2024\/10\/10021-2.png","datePublished":"2024-10-02T13:02:27+00:00","dateModified":"2024-10-03T10:26:20+00:00","author":{"@id":"https:\/\/ibkrcampus.eu\/campus\/#\/schema\/person\/e823e46b42ca381080387e794318a485"},"description":"The VIX uses trading activity in the S&P 500 index options market to imply volatility for the S&P 500 index itself.\u00a0 Up until mid-July, the VIX has remained firmly in a \u201clow volatility\u201d range below 20.\u00a0 In fact, much of the first half of 2024 saw the VIX remain below 15. For me, 20 is the key level to watch.\u00a0 Anything below 20 is probably noise, but anything above 20 means I sit up in my chair and take note.","breadcrumb":{"@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/chart-advisor-how-much-is-too-much-volatility\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ibkrcampus.eu\/campus\/traders-insight\/chart-advisor-how-much-is-too-much-volatility\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/chart-advisor-how-much-is-too-much-volatility\/#primaryimage","url":"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2024\/10\/10021-2.png","contentUrl":"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2024\/10\/10021-2.png","width":1920,"height":962,"caption":"VIX and S&P 500, Line charts."},{"@type":"BreadcrumbList","@id":"https:\/\/ibkrcampus.eu\/campus\/traders-insight\/chart-advisor-how-much-is-too-much-volatility\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.interactivebrokers.eu\/campus\/"},{"@type":"ListItem","position":2,"name":"Chart Advisor: How Much is Too Much Volatility?"}]},{"@type":"WebSite","@id":"https:\/\/ibkrcampus.eu\/campus\/#website","url":"https:\/\/ibkrcampus.eu\/campus\/","name":"IBKR Campus EU","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibkrcampus.eu\/campus\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/ibkrcampus.eu\/campus\/#\/schema\/person\/e823e46b42ca381080387e794318a485","name":"Contributor Author","url":"https:\/\/www.interactivebrokers.eu\/campus\/author\/contributor-author\/"}]}},"jetpack_featured_media_url":"https:\/\/www.interactivebrokers.eu\/campus\/wp-content\/uploads\/sites\/3\/2024\/10\/10021-2.png","_links":{"self":[{"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/posts\/198204","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/users\/186"}],"replies":[{"embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/comments?post=198204"}],"version-history":[{"count":0,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/posts\/198204\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/media\/198205"}],"wp:attachment":[{"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/media?parent=198204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/categories?post=198204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/tags?post=198204"},{"taxonomy":"contributors-categories","embeddable":true,"href":"https:\/\/ibkrcampus.eu\/campus\/wp-json\/wp\/v2\/contributors-categories?post=198204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}