MACD on the VIX has crossed over positive. I think it will take a short trip to the upper BB, then maybe back to the the 20ma and then a spike up like late in January.
Waiting for the BPSPX:CPC 20ma to curl back over. This next curl over and cross should be the beginning of P3, timewise this could take anywhere from weeks to months...
Still looking for a pullback in the next day or so. Intermediate term looking at 122, long term looking for a major drop.
Still getting over the flu, will have time for a big update tomorrow as I will be sitting in a hotel room with plenty of free time...
Sunday, March 28, 2010
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