Thursday, June 21, 2012

Charts follow up, nice pullback!

As you can see, the market pulled back nicely from the Moon cycle, see my previous post from the other day.  

Moon Cycle Chart post

VIX Bollinger Band System Post

Also the VIX sell signal for the SPX worked out great too.  To be fair however, there was a lot of technical confluence there; for example the 1363 high represented a 61.8% Fibonacci Retracement as well

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