In as much as the markets rejoiced in the release of favorable earnings from Intel...the $VIX seem to digest the news differently...the open today is 25.05 and the high of the day is 26.06...(near market close witnessed the $VIX reach the high of the day) as the low of the day is 23.83 (the low was reached early in the trading session) and the close is 25.89...when taken in context it's above yesterday's close at (25.02) and is above the fib retracement 0.0% (25.34) area. The closing candle is a hammer type with a small wick at the top....with the RSI curling over slightly pointing upward (bearish to the market)....caution is warranted at this level for bullish trading.
http://stockcharts.com/h-sc/ui?s=$VIX&p=D&yr=0&mn=6&dy=0&id=p12974513307&a=138587146&listNum=1 http://www.freetradingvideos.com/vlog/default.asp?category=1 Date: Tue, 14 Jul 2009 09:48:58 +0530 Subject: {GS} day trader From: [email protected] -- "Unless you try to do something beyond what you have already mastered, you will never grow". _________________________________________________________________ Lauren found her dream laptop. Find the PC that’s right for you. http://www.microsoft.com/windows/choosepc/?ocid=ftp_val_wl_290 --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups ""GLOBAL SPECULATORS"" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/globalspeculators?hl=en -~----------~----~----~----~------~----~------~--~---
