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techcharter

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techcharter

Re: None

Wednesday, 05/14/2014 9:35:26 PM

Wednesday, May 14, 2014 9:35:26 PM

Post# of 51788
Comments on the VIX, Anyone?

On Monday's rally, the VIX gapped down to levels where the January sell off began. The VIX is definitely at extreme lows. Even with today's selling, the gap was hardly closed. I think tomorrow the VIX will complete an island reversal pattern as intraday market patterns show e-wave counts of a series of 1-2,1-2 that are stair-stepping lower. Should be entertaining to watch.
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