Friday, October 17, 2008 1:58:32 PM
VIX might be done. Starting trend to the downside.
60m chart with significant negative divergence between price and slow/fast RSI and MACD. It should hit 50. If it is strong enough to make one more run higher to create a rising wedge it would be an opportunity to got short the VIX and long equity markets.
60m chart with significant negative divergence between price and slow/fast RSI and MACD. It should hit 50. If it is strong enough to make one more run higher to create a rising wedge it would be an opportunity to got short the VIX and long equity markets.
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