TradingView
0
All posts from TradingView
TradingView in TradingView,

Crude Oil Looks to Close at 6-Year Lows, OVX Slow to Rise

Crude Oil Looks to Close at 6-Year Lows, OVX Slow to Rise

Crude Oil WTI NYMEX:CL1!

Despite hitting multi-year lows on crude prices, the CBOE's volatility index doesn't seem to be too concerned about the implications. Perhaps we are reverting to this indicators more fundamental nature - activity level - rather than a semi-proxy for direction.