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Matt if I understand you, you don't expect the vix to close outside the BB Friday? If it does... next week should be a possible resumption in the trend?
if VIX closes outside bollinger bands then yes I would expect a market bounce, but could just be an oversold bounce.
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vix
VIX 15
Posted by cal1 on 21st of Jan 2010 at 11:56 am
Matt if I understand you, you don't expect the vix to close outside the BB Friday? If it does... next week should be a possible resumption in the trend?
if VIX closes outside bollinger
Posted by matt on 21st of Jan 2010 at 12:00 pm
if VIX closes outside bollinger bands then yes I would expect a market bounce, but could just be an oversold bounce.