Tuesday, January 15, 2013

VIX comments

$VIX - Chart Link - The VIX (which moves inverse to the S&P 500), is at some support area where it may bounce

$VIX - Chart Link - weekly charts shows that this trendline goes back to 2007, so it's quite important

$VIX - Chart Link - short term 30 min chart - has quite a bit of positive divergence, therefore short term it also looks like it wants to bounce some.

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