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techcharter

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techcharter

Re: None

Tuesday, 04/13/2010 9:52:16 PM

Tuesday, April 13, 2010 9:52:16 PM

Post# of 51808
VIX E-wave Count

Since the November 2009 high in the VIX it looks like an ending diagonal is in play. The end of March 2010 was a triangle, so April is wave 5 of the ending diagonal. A move above 18 indicates a multi-month Vix rally / Market selloff is underway.

http://stockcharts.com/h-sc/ui?s=$VIX&p=D&yr=0&mn=6&dy=0&id=p12532193130
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