Alternatively, VIX may head down to 24 and then head up to 35 / 36
Which means we may have some more downside on the markets. Any bounce will be short lived.
Sunday, December 18, 2011
VIX
VIX is forming a Gartley Pattern which may take it up to 35/36 odd levels after which we can expect it to fall down back to 22 - 20 or lower.
Alternatively, VIX may head down to 24 and then head up to 35 / 36
Which means we may have some more downside on the markets. Any bounce will be short lived.
Alternatively, VIX may head down to 24 and then head up to 35 / 36
Which means we may have some more downside on the markets. Any bounce will be short lived.
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