Sunday, September 26, 2010
What's Next for the VIX?
The TSI was utilized to compare different time periods but similar patterns for the Nasdaq 100 and the S&P VIX Short Term Futures ETN. The $NDX & $VXX both declined (yellow). The $NDX bounced up before its final bottom (orange), followed by consolidation (pink) in association with alternating red & green arrow MA breakout buy & sell signals, absolute CCI values less than 100, small AO & KH teeth, a TSI line bouncing along zero, and R squared values mainly less than 60. A double bottom reversal occurred.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment