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redback report, week ended 23/7/2010, page-12

  1. redbacka
    9,468 Posts.
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    27/07/10
    13:34
    Post #: 6948072
    Here's an update on the VIX which I mentioned in the weekend report.



    Vix has now fallen marginally below support. Another day down would confirm.

    This continues to need careful watching as positive divergences exist on RSI.4 and MACD Histogram.

    But it is beginning to look positive for a continuation of this rally.

    Cheers
    Redb
    XJO Value at posting: 4,503.7
    Likes Created with Sketch. 10  Upvote
    lightbulb Created with Sketch.  Great analysis
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