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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 694.04+0.7%Jan 9 4:00 PM EST

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To: HairBall who wrote (45132)4/5/2000 10:07:00 PM
From: el paradisio  Read Replies (1) of 99985
 
LG,agree,it was kind of short term bottom in my opinion.
I have another question, VIX. I am doing some statistical analysis on VIX. What I've found is that, area 25 -26 looks like a decision point.Another words:
between 22-25 1/2 usually $NDX is on an upside,when VIX is 26, $NDX goes down and recovery starts when VIX goes below 26-25 1/2 area.
If you look at the graph of VIX,it went up to 26, on Mar 24 and never dropped below that value.
This day I was calling NDX top on this thread.
Message 13274499
What do you think,
The best regards,
El Paradisio
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