Wednesday, May 5, 2010

VIX_OSC Indicator dives deep


Finally the VIX_OSC resolved the neg. Divergence that was building for a long time. The Indicator has now reached a level not seen since the March 2009 Bottom. This area should be interpretated as crossroads from where the market will either bounce hard or dive deep into the abyss. The next couple of days should tell the story.

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