Tuesday, September 20, 2011

Volatility Indications

This is the VXX, a volatility indicator that has an inverse relationship with the market's direction.

Again, some strange readings as it almost seems as if our top is being reset for a downside move.
 VXX 1 min positive leading divergence indicating accumulation

 VXX 5 min positive leading divergence indicating accumulation

 VXX 10 min positive leading divergence indicating accumulation

VXX 15 min positive leading divergence indicating accumulation

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