Replies to post #12758 on Market Sense and Sentiment (MKTSS)

[bbgold]

Thanks Roy,
Moving back above 8000 was a major factor as that is where most of the longer term SMA support was at. I will be watching for another failure there before looking more to the downside. Might just consolidate between 8000 and 8100 until the markets decide which way to continue, maybe. Do you like to follow the VIX and VXN long term or short term? Bernard has the Intraday VXN at the website but I am not sure how to interpret it. It looks as though most of the days it is declining we continue to sell off. I am not used to reading the VIX and VXN do you have a way of interpreting them? TIA, Bob :^)