Friday, March 13, 2009
Volatility - VIX warning RST +D
VIX is showing positive divergences with a RST formation going into the Quad OE week. Volatility is showing +D going into the Quadruple OE week and it closed at 42.36 above 40 support going into the March Quad OE week.
VIX is showing positive divergences going into the Quad OE week. With the Mark to Market review by AICPA, markets will rally during the OE week? It seems that markets either GO-UP or GO-DOWN in volatility.
Intraday is very overbought with any retracement. Faster market goes up, faster it will come down. If market technicals reading normal, it will be safter; otherwise, market actions are complete gambles.
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