A sharp 3 day decline in VXN suggests a likely bounce higher in volatility next week . . .
VXN closes below Bollinger Bands
Started by
paulstan
, Feb 16 2007 06:12 PM
2 replies to this topic
#1
Posted 16 February 2007 - 06:12 PM
#2
Posted 16 February 2007 - 09:07 PM
In addition, the ratio of the $BPCOMP and the VXN is 4.12, at least a 3 year high....I can't seem to find the chart to post, but posted it recently in Topic, "Interesting Chart".......seems to suggest impending volatility to the downside in the not too distant future......
#3
Posted 17 February 2007 - 11:15 AM
Just playing with that BPCOMPQ:VXN....but smoothed it out with the 13 and 55 wema's. Note the upper BB on ndx:vxn.
http://stockcharts.com/c-sc/sc?s=$NDX&p=W&yr=10&mn=6&dy=0&i=p74069736909&a=98450665&r=7509.png
http://stockcharts.com/c-sc/sc?s=$NDX&p=W&yr=10&mn=6&dy=0&i=p74069736909&a=98450665&r=7509.png