Saturday, May 22, 2010

VIX - Too Far Too Fast?

I expect for now the same pattern 2007 and 2008.
Consolidation between 42 and 28 next weeks.
I don`t expect two consecutives closes below EMA 200 (25.70)
This update still valid if VIX stay below 52 weekly chart.
If close > 52 expect 80 or mybe new high very fast...


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