The $VIX daily chart developed a RSQR Saucer with the CCI closing at -170.59. For the $VIX: daily is trading below the Ichimoku cloud, daily 3LB has 6 red lines (bullish market trend), daily Kagi went red on 10/5, daily Renko has 2 red bricks, weekly Kagi has been red for months, and weekly Renko has 2 red bricks (the first one was laid down in 6/10)...only the weekly 3LB has white bricks (remaining bearish for market). The $NASI remained black today.
The following charts have had RSQR saucers meeting buy parameters: TNA weekly (9/27/10), AGQ weekly (8/30/10), URR weekly (9/20/10), URE daily (10/7/10), and UCO daily (10/1/10). Things are off and running again after the recent consolidation. Kenton Jockey.
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