Monday, October 19, 2009

It crossed!

The count is murky, but the BPSPX:CPC finally had its MA's cross signaling a SELL for the intermediate term. This does not rule out new highs for the next week or so, but it does say we are going to start moving down soon.

VIX has traveled to its lower BB...time for a rebound.

At this point I will start building large short positions.


Anonymous said...

southern doji on the vix