Selasa, 09 Juni 2009

Technical Picture - VIX versus S&P

The S&P did very little today despite the 5% drop in the VIX. Keep an eye on both charts. If the VIX finds support and bounces at or near the blue line segment, a breakout on the S&P could get foiled. Failures, of course, are great opportunities for fast moves in the opposite direction.


Agchem looks poised to attempt a gap fill.

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