Two Important Notes About The Last Decline in Dow Jones Industrial - Part II

27 June 2016, 02:27
Muhammad Elbermawi
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Two Important Notes About The Last Decline in Dow Jones Industrial - Part II

In my previous blog I wrote before  UK Bexit at 17th June 2016 ,titled "Two Important Notes About The Last Decline in Dow Jones Industrial" ( you can find it --> Here) I showed you that:

1- The Last decline in Dow Jones lead to a great change in VIX value. so we should worry from the current falling trend which is in the beginning.
2- The correlation between Dow Jones and Gold is Inverted in direction to a high degree. So we can trade this inverted correlation.


Now it seems that it get more deeper with gold and Vix. Take a look to chart 1 & 2 below.

Chart 1

Chart 2


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