MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 690.27

0.0%

Dec 26 4:00 PM EST

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To: allen menglin chen who wrote (58522)	8/28/2000 6:51:20 PM
From: Les H	Read Replies (2) of 99985

The VIX finally managed to close below its lower trading bands. It's now a full point below the 10% band centered on the 28-day EMA which is at 21. It's also below the 90% trading band also centered on the 28-day EMA (where the bands encompass 90 percent of the price activity over the same period). The lower band for this channel is at 18.50.

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