Web Statistics Vix Chart And Other Musings

Wednesday 24 October 2012

Vix Chart And Other Musings

vix chart and other musings

Lots happening and good stories in the VIP SECTION  We are having a ball, literally, and making good money as well.

Today we noticed something very interesting with the VIX chart. The action is outside the bollinger bands, and that has not happened for a while. Each time this did happen, the action soon came back down inside. So this could mean a nice significant rally is just around the corner. Historically I like the chances, but we shall see.







Today was a tricky day on the S&P. The daily chart right now is still suppressed. However the low 1400's are going to be crucial. We could also be setting a bullish falling wedge, or it could be developing which sort of confirms the weird action in vix.








WHAT IF YOU KNEW WHICH WAY THE MARKET WAS ABOUT TO MOVE BEFORE IT HAPPENED?  CLICK HERE To Join Our VIP ELITE GROUP  -- 30 Day Trial Offer Today!  

1 comment:

  1. Hi I think you are spot on with the vix, but Looks like it may go up to about 20 21 before that rally you are talking about develops. I hope you are able to see many complex head and shoulder reversal patterns in the vix. Which means there will be a ton of swing trades happening before this market bottoms.

    ReplyDelete