The ballet dancer has crouched, and jumped!
I'm watching to see if this can bust through 1265.
It's trendline resistance, 200ma resistance and the VIX 200ma support.
1250 could hold but it could be the proverbial ballet dancer crouching before the leap aka November top.
http://stockcharts.com/c-sc/sc?s=$VIX&p=D&yr=0&mn=11&dy=0&i=p24254219869&a=179964330&r=3057.png
Edited by Rogerdodger, 05 December 2011 - 10:47 AM.
