Hi kalinm, I agree with you about the VIX - it's closed below
the bottom BB for the past two days, and looks well on its way to
do so for a third time. Perhaps it wants to tag the lower of the
two trendlines in the daily chart below, which would result in a
nice pop up in the market, but then surely it (VIX) would want to
head back up for a bit?
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Hi kalinm, I agree with
Wait.... what is "bottoming" anyway?
Posted by isplat on 21st of Nov 2012 at 03:13 pm
Hi kalinm, I agree with you about the VIX - it's closed below the bottom BB for the past two days, and looks well on its way to do so for a third time. Perhaps it wants to tag the lower of the two trendlines in the daily chart below, which would result in a nice pop up in the market, but then surely it (VIX) would want to head back up for a bit?