Friday, January 28, 2011

VIX - The Fear Index 28/1/2011

VIX had its biggest one-day jump (last night) since May 2010.

It’s bounced off long term support (horizontal line).

Major Indicators (RSI.9, MACD Histogram, CCI.30) are all bearish for the general market (bullish for the vix).

On cue, the Index is heading up from the first Arc of the Fibonacci Arcs.




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