Wednesday, July 22, 2009

Good reversal level in the VIX_OSC


  • Pls bear in mind that the VIX_OSC measures the relative realtionship btw the S&P500 and the VIX (frontrunning of the VIX)
  • It is also important to note that most Sentiment Indicators tend to be confirming rather than leading Indicators (although the VIX_OSC seem to have some good leading qualities !!)
  • It's just another piece in the puzzle that offers Mr. Market an opportunity (good probability) to retrace, we will find out whether he'll take it.......

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