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Strategies & Market Trends : P&S and STO Death Blow's

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To: Jeff who wrote (9793)10/7/2002 8:27:34 PM
From: ajtj99  Read Replies (1) of 30712
 
Jeff, that fractul chart I posted on the VIX yesterday has two blips on it. We could have one tomorrow and one next week. The one next week could be your options expiration ramp. However, it is from a higher VIX level on that fractul chart, and it is not much of a blip.

I will say that unless we get a drop into the lower BB on the daily chart, we will not have a low we can bounce more than 20-30 points from. Tomorrow is the best set-up I can see for a bounce near term. If we do not get down early in the AM, we could just meander until mid-week.
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