Tuesday, February 7, 2012

ES as a major channel, VIX taunting near to the old 15 zone

Kind of thinking VIX goes and plays around down by 15 for a few weeks

Above 1342 on ES is clear sailing up, small breakouts could turn 10% to 30%, BUT the risk is extremely high for a big downside move.   Gap your face off type of move.


1 comment:

  1. If you though stuff wasn't weird enough...according to stockcharts, SPY just made a NEW HIGH!

    ReplyDelete

Insightful and Useful Comment!