Know when to buy ASX 200 shares – watch the VIX
The volatility of the Australian share market, as tracked by the S&P/ASX 200 VIX (INDEXASX: XVI), can provide some valuable insights into the best points in time to buy ASX 200 shares. The coronavirus pandemic is a perfect example of this.
Since the S&P/ASX 200 Index (ASX: XJO) reached its peak of 7,162 on 20 February, it has been on a wild ride. The ASX 200 index bottomed out at 4,546 on 23 March and has made relatively steady progress back to 6,047 at the time of writing. That repres…