Friday, June 8, 2012

Constructive Action towards a Low

THE CBOE & ISE Equity Put/Call ratios have their spikes downwards behind them and await another retest for confirmation.

 Our Vix TR (TrueValue) Indicator confirms the above....
 .....but the VisOSC has still not entered the positive ZONE.

The twin indicator our VixOSC2 in the Summation version (if VixOSC turns negative => the Summation Index turns down...) gives another insight that a final retest seems in  the cards or at least possible against the backdrop of a more bullish multi-week picture.



(Pls be informed that there will be no postings next weekend to to private engagements)

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