Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. The K E Stone blog sites (Keybot the Quant) are blacklisted by Google, so enjoy the ad-free experience, and only use the Donate button when supporting the sites.
Tuesday, August 14, 2012
VIX Volatility Weekly Chart Printing Multi-Year Lows Significant Market Top in Place
The excitement increases as the VIX plummets. The low volume behavior lately, as well as the ongoing market confusion provided by central bankers, is creating an atmosphere for the VIX to now print multi-year lows. The green lines show the positive divergence now in place to bounce the VIX; keep watching to see if it remains in place as the week plays out. The red squares precisely show the exact broad market tops over the last three years. What do you think is going to happen? This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.
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