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Intraday VIX 10/8/2008     

With all the violent swings today, VIX still does not seem to find an intraday top!

VIX (10-day hourly chart)

The hourly chart is still showing upward moving MAs.  The 10- is above the 20- above the 30-hourly MA, still holding a bullish phase.  The MACD also still has not shown a top (also check RSI, which is just above 60; normally above 80 would mark a peak).

HappyTrading! ™


Comments

 | October 9, 2008 7:35 PM


Pingback from Wang’s Happy Trading » The Market Crumples! SPX, Nasdaq, VIX

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