Replies to post #3141 on Extreme Deviation Automatic Price Targeting - "X_D (BTC-USD)

[Myst]

ken,

In my experience, I've found the VIX to be useful only for picking bottoms when it(the VIX) has gone to an extreme top. It's value for finding tops is lacking in my opinion.

One of the best tools for finding "possible" tops in a trend is through bearish MACD histogram divergences.

For MACD ed see: http://stockcharts.com/education/What/IndicatorAnalysis/indic_MACD4.html#histogram



~Myst~