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Strategies & Market Trends : Classic TA Workplace
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To: Shack who wrote (69623)3/25/2003 5:40:45 PM
From: ajtj99  Read Replies (1) of 209892
 
Weekly VIX paints a bit of a different picture here, however:

stockcharts.com[h,a]waclyyay[pb20!b50!b200!c13!c20!c50!i!d20,2!f][vc60][iub14!la12,26,9!lg!li10,10!lh5,5!lp14,3,3!ll14][J6972190,Y]&listNum=1

You could make a case for a bull flag there, but the most obvious thing is the support around 29 on the weekly rising support.

At a 32.50 low today, that's not far away. Furthermore, we usually hit the low VIX numbers after the highs are in.
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