This is the VIX in a 3 days frequency chart, 3 years long. It is holding in the long term dinamic support, and look at the divergence in the RSI. It's scary, isn't it?
Now lets take a look to the VIX / SPY ratio. Look at the ADX in april 2007, and look at it now. Looks like it is ready to take off? Interesting divergences in the CCI.
Market news and comments. I will post some of the technical alarms and interesting patterns developed in stocks and worldwide indexes.
- Candlesticks
- Investopedia
- On line Trading concepts
- The pattern site
- MIT press http://www.mitpressjournals.org/
Wednesday, July 1, 2009
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