The home of the innovation of the Logarithm of Time as applied to the Markets.
We also watch for and correlate with major Bradley dates and Fibonacci Time and Price sequences.
Wednesday, July 28, 2010
$VIX redux..
Still playing with the $VIX chart. It is possible to draw a 'completed' wedge:
And this has important implications, as you all well know....
Look at this next chart, something is deeply suspect about this rally, maybe it really is a turkey ready to roll over and die, despite the weekly indications implying more upside is possible....well, maybe not...
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