Jump to content



Photo

Black Monday or Tuesday?


  • Please log in to reply
1 reply to this topic

#1 Rogerdodger

Rogerdodger

    Member

  • TT Member*
  • 26,877 posts

Posted 12 June 2007 - 09:41 AM

Friday's vigorous rally saved the day.
$VIX has been fairly contained...so far.
Do you think we can make a lower low in an ABC?
Is "v" spelled "W"?
Will we just make lower highs into Airedale's the July low?

Black Monday? Maybe Tuesday?
$VIX is down 6% today.
It looks like the last day of February bounce.
The BB's on the VIX were squeezed for so long that I assume it has more energy to let off.
A move below Thursday's lows and the next leg should follow this "Friday rally".
TWT
http://stockcharts.com/c-sc/sc?s=$VIX&p=D&yr=0&mn=6&dy=0&i=p12461623064&a=27927380&r=9481.png



#2 Rogerdodger

Rogerdodger

    Member

  • TT Member*
  • 26,877 posts

Posted 12 June 2007 - 09:53 AM

Look at how this again reversed right at 93.98, the previous bus stop as marked by Stockcharts!
It was accompanied by a let-up in the very hard selling shown bt the $TICK.

http://stockcharts.c...3534&r=4056.png

Edited by Rogerdodger, 12 June 2007 - 09:55 AM.