Posted by hornsant on 19th of Aug 2008 at 05:15 pm
Today's VIX candle needs confirmation tomorrow if it gaps down
and posts a red candle the pattern is a bearish evening star and
gives way to a drop in the VIX wich is bullish for the mkt. But it
will have to be confirmed, so I will wait and see how the day goes,
I am a position trader and that buys me time to read the mkt before
getting agresive.
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Today's VIX candle needs confirmation
VIX
Posted by hornsant on 19th of Aug 2008 at 05:15 pm
Today's VIX candle needs confirmation tomorrow if it gaps down and posts a red candle the pattern is a bearish evening star and gives way to a drop in the VIX wich is bullish for the mkt. But it will have to be confirmed, so I will wait and see how the day goes, I am a position trader and that buys me time to read the mkt before getting agresive.