Friday, June 11, 2010

VIX - Weekly Market Thought - Too Far Too Fast_Part 3

VIX Too Far Too Fast? >> Consolidation last 3 weeks, as we predicted  2010/05/22 vix too far too fast  and Alert the rally here.
Nothing to change after last update. Follow the same numbers
I expect for now the same pattern 2007 and 2008.
Consolidation between 42 and 28 next weeks, possible spike to test ema`s is possible around 25.90.
I don`t expect two consecutives closes below EMA 200 (25.88)
This update still valid if VIX stay below 52 at weekly chart.
If close > 52 expect 80 or mybe new high very fast...


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