Tuesday, October 12, 2010

$VIX Microtrendline

The light green trendline is now support..

Combine this with the conventional chart I published a few hours earlier (on Monday) showing the $VIX's extreme Bollinger Band performance, and it would suggest the light green trendline holds, and that should turn the market down...

1 comment:

Great Penny Stock Investing said...

I have never been one for charts patters of stocks. I find that their is a unpredictability to stock price movements.