AI
Saturday, March 06, 2010 10:34:47 AM
$VIX 34x100 bull cross on the way
Just noticed that the $VIX, although not quite there yet, is .15 from a bull cross.
$VIX: 17.42
34: 21.96 (headed slightly up)
100: 22.09 (headed down)
34 crosses above the 100 = bullish
I know the markets are rigged, but that would be crazy if the NASDAQ got a double top and the $VIX a double bottom....
The NASDAQ has many times over the years reversed or found support around the area we are trading at right now...here is a 13 year weekly:
Just noticed that the $VIX, although not quite there yet, is .15 from a bull cross.
$VIX: 17.42
34: 21.96 (headed slightly up)
100: 22.09 (headed down)
34 crosses above the 100 = bullish
I know the markets are rigged, but that would be crazy if the NASDAQ got a double top and the $VIX a double bottom....
The NASDAQ has many times over the years reversed or found support around the area we are trading at right now...here is a 13 year weekly:
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