The Tick, Trin, and Vix all have "normal" ranges, when they
spike out of that range it usually means there will be a change of
direction shortly. Using Bollinger Bands on these will help
identify what that trend is and when they break above or below the
bands you can expect them to reverse direction. Here is a 5
min. with a huge spike of the VIX from today and you will see that
it marked the morning's lows.
The Tick, Trin, and Vix
Trin & Trick
Posted by ditch on 3rd of Jun 2011 at 10:07 am
The Tick, Trin, and Vix all have "normal" ranges, when they spike out of that range it usually means there will be a change of direction shortly. Using Bollinger Bands on these will help identify what that trend is and when they break above or below the bands you can expect them to reverse direction. Here is a 5 min. with a huge spike of the VIX from today and you will see that it marked the morning's lows.
VIX is almost flat for the day while the market is down over 100
Posted by mrab on 3rd of Jun 2011 at 10:18 am
sounds like market saying.."ben's got
Posted by john9o9 on 3rd of Jun 2011 at 10:26 am
sounds like market saying.."ben's got our back"....
It sounds to me like
Posted by johns on 3rd of Jun 2011 at 10:28 am
It sounds to me like we are on our way to the LAST leg up from here...All the Bad news is soaked in. Next week no big economic reports to come