Thursday, October 16, 2014 4:40:21 PM
Nice post low. Thanks for sharing the insights. You might like this as well since I gathered the insights from you. Vix red day after an exhaustion candle. Could signal the market bottom as well. One thing that I've heard, or read, from experienced traders is that bottoming is a process. So I'll be paying attention to how these next few days go as well. I do like the weekly tails on these candles signaling a reversal and marking support. Thanks again for the great insights!!! oh btw - the VTI - total market did reach 10% so I'd say technically a correction. JMO
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