if the charts are mimicking each other, it would indicate that next week is a big rally.
VIX Weekly stockcharts.com[r,a]whclynay[d19970701,20021130][pb50][iub14!la12,26,9][J8559920,Y]&listNum=1
SPX weekly (same time period) stockcharts.com[r,a]whclynay[d19970701,20021130][pb50][iUb14!La12,26,9]&pref=G
BPSPX topped out around 80 and started to decline from there....while the market continued upward. stockcharts.com[r,a]whclynay[d19970701,20021130][pb50][iUb14!La12,26,9]&pref=G
BPCOMPQ topped out in 1998 at the current levels stockcharts.com[r,a]whclynay[d19970701,20021130][pb50][iUb14!La12,26,9]&pref=G
COMP 5000 just around the corner... stockcharts.com[r,a]whclynay[d19970701,20021130][pb50][iUb14!La12,26,9]&pref=G
But the VXN setup is much more similar to the August 2000-August 2001 timeframe than the 1998 timeframe. This suggests another big selloff in our future. Based on the VXN Map, I have us at the first week of July 01. stockcharts.com[r,a]whclynay[d19970701,20021130][pb50][iub14!la12,26,9][J8560488,Y]&listNum=1 |