Thursday, May 28, 2009

Which way...

Well with all the up and down today we managed to stay with in both the rising blue channel and the larger falling green channel. So which way now?

We did not break back in to the wedge on the VIX:SPX.

CPCI:CPCE 30ma is about to cross the 50ma. This has been really bad. Note the previous times it has crossed.