Sunday, February 21, 2010

VIX_OSC update post OPEX

We are right back to the neutral zone. The next pivot will guide us in a way that a lower low in the VIX_OSC would mean that the bear will continue as opposed to a new high above the mid Jan high which would mean that the rally could have 'legs'.....

(pls also notice the light positive Divergence in the indicator over the last 2 weeks with a higher secondary low in the indicator vs. a lower low in the Price....)

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