And here is the positive divergence in the VXX I showed earlier, suggesting we'd see such behavior.
However, the bigger intrady picture also shows some interesting charts...
Tuesday, August 9, 2011
Before the Fed
As I showed in some market updates and the VXX update, I expect there to be some nervousness/selling running up to the Fed announcement, for example...
This white arrow shows a loss of 85 points in the Dow-30.
And here is the positive divergence in the VXX I showed earlier, suggesting we'd see such behavior.
However, the bigger intrady picture also shows some interesting charts...
QQQ 10 min
SPY 10 min-both leading positive.
And here is the positive divergence in the VXX I showed earlier, suggesting we'd see such behavior.
However, the bigger intrady picture also shows some interesting charts...
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