XJO 0.10% 7,767.5 s&p/asx 200

BD...the once in a generation vix spikeis not necessarily a...

  1. 1,374 Posts.

    BD...

    the once in a generation vix spike
    is not necessarily a 'once off'...

    if you look at the current longer term
    cycles on the DJIA and the vix
    u can see 'alternation' in corrective
    patterns as well as sharp spike upward
    moves...

    the huge spike can more than be justified
    as the DJIA corrects after a longer term
    cycle peak but forms differently than
    the previous longer term cycle...

    by the way i prefer highlighting cycles
    from a major low to the next low as u
    can clearly see impulsive / corrective
    moves which gives a 'better' picture...





 
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