Wednesday, October 5, 2011

Bearish for the moment, Fear Factor, VOS, FHS

Fear Factor
VOS
FHS (Frankenstein Head and Shoulders Restest)
Cable struggling with a trendline resistance.

VOS Volatility on Steroids, a ratio of current and future volatilities.  Possibly a high flying flag, which could portend another spike up in this volatility, just when everyone is thinking that Europe is all good.     HBB (think Lucy) pulls the football away from Charlie Brown and throws it in the punchbowl.







2 comments:

  1. Fascinating analysis Steveo.
    Just when you start to think it's safe to jump back in the market and become bullish - bam! You get hit again.

    Cheers

    PW

    ReplyDelete
  2. Thanks PW, the market will show us the way, with many wizards behind the scenes jacking up the normal elliot wave lemming movements.

    ReplyDelete

Insightful and Useful Comment!