And then again, there is both trendline and price
resistance on the COMPX at 2080. Coupled with the support
on the VIX at the current levels, the sane thing is to be
in the bear den. If the VIX breaks down and the COMPX hits
2100-2120, that would negate any bearish feelings I
have....at least for the moment. Seems unlikely though.
stockcharts.com
3,000.00 | X + | | | 3,000.00
2,960.00 | X O +| | | 2,960.00
2,920.00 | X O |+ | | 2,920.00
2,880.00 | X X O | + X + | | 2,880.00
2,840.00 | X O X O | + X O X + | | 2,840.00
2,800.00 | X O X O | X O X O + | | 2,800.00
2,760.00 | X O X O | X O 2 O + | | 2,760.00
2,720.00 | C X O O X | X O O + | | 2,720.00
2,680.00 | X O X O X O | X O + | | 2,680.00
2,640.00 | X O X O X O | X X O + | | 2,640.00
2,600.00 | X O O O | X O X O + | | 2,600.00
2,560.00 | O X| X O X O X + | | 2,560.00
2,520.00 | O X|O X O X O X O + | | 2,520.00
2,480.00 | O X|O X O X O X O + | | 2,480.00
2,440.00 | O X|O X O X O X O + | | 2,440.00
2,400.00 | O X|O X O X + O O + | | 2,400.00
2,360.00 | O X|O X O X + O + + | | 2,360.00
2,320.00 | O |O X O + O X + | | 2,320.00
2,280.00 | |1 + O X X O + | | 2,280.00
2,240.00 | | O X O X X O X + | | 2,240.00
2,200.00 | | O X O X O X X X O X O + | | 2,200.00
2,160.00 | | O O X O X O 5 O X O X O 7 + | | 2,160.00
2,120.00 | | O X O X O X O X O X O X O + | | 2,120.00
2,080.00 | | 3 O X O X O 6 O X O X + |High| 2,080.00
2,040.00 | | O X O O X O X O | | 2,040.00<
2,000.00 | | O X O O X O |Avg | 2,000.00
1,960.00 | | O X X O O | | 1,960.00
1,920.00 | | O X O X |Low | 1,920.00
1,880.00 | | O X O X | | 1,880.00
1,840.00 | | O X O X | | 1,840.00
1,800.00 | | O O X | | 1,800.00
1,760.00 | | 4 X | | 1,760.00
1,720.00 | | O X | | 1,720.00
1,680.00 | | O X | | 1,680.00
1,640.00 | | O | | 1,640.00
1 |
