Replies to post #146131 on ajtj99's Market Pulse

[ajtj99]

VIX full stochs 14,3,3 turning down from the 50 level, which signals new highs on the indices coming:

[RCKS]

aj
A couple charts are looking bullish as well.
The NYA has closed above its recent horizontal resistance and back tested its pennant breakout. A target for the NYA may be its Falling R-Line off of the Aug'08 and Sept '08 high's.
The 2nd chart is the SPX which has closed right on its horizontal R-Line but has also back tested its pennant breakout.