Sunday, September 5, 2010

Holy Grail Part 2 VIX/VXN volatility ratio and DWC/GLD

We just had a gap down on the VIX/VXN.   AUD/USD is in a rising wedge and could break down, dragging SPX with it.    Not much reason to have longs here.


2 comments:

  1. some of those frog boils on the chart look kind of tasty. I'll take another up week for 1000, alex.

    but, yeah, how long can this go on? gotta have a short shelf life.

    ReplyDelete
  2. I guess they can on for quite some time!

    ReplyDelete

Insightful and Useful Comment!