SPX 60 min chart with VIX, if VIX on this chart loses the uptrend line, then the
market will go higher, trenlines on the VIX have worked well as you
can see, if the VIX rallies off the uptrend line, then the market
pulls back
Posted by stoliboli on 12th of Sep 2008 at 02:55 pm
Thanks for the clarification (I know this was in the
updates). What confused me was VIX up and market flat or only
slightly down. I did note though that your custom 60 period
slow STO on the 15 minute SPX chart has been showing overbought all
day.
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S&P 500 60 min chart.png SPX
Posted by matt on 12th of Sep 2008 at 02:27 pm
SPX 60 min chart with VIX , if VIX on this chart loses the uptrend line, then the market will go higher, trenlines on the VIX have worked well as you can see, if the VIX rallies off the uptrend line, then the market pulls back
Thanks for the clarification (I
Posted by stoliboli on 12th of Sep 2008 at 02:55 pm
Thanks for the clarification (I know this was in the updates). What confused me was VIX up and market flat or only slightly down. I did note though that your custom 60 period slow STO on the 15 minute SPX chart has been showing overbought all day.