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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (64150)5/8/2002 4:37:16 PM
From: LTK007  Respond to of 99280
 
Well anyway my VXN RSI theory was proven correct, when it breaks above 70 on daily period, regardless of its value(only got to bit above 50) a HUGE rally is unhand. Look at this chart ZEEV, it is conclusive. On Friday RSI broke 71.9 and yesterday to above 73 and THEN:) stockcharts.com[h,a]dhclyyay[de][pb10!b20][vc60][iub14!la12,26,9] Max
But look at the MACD (daily) and VXN weekly, and you will see the big Kahuna is still lurking.



To: Zeev Hed who wrote (64150)5/8/2002 4:46:29 PM
From: LTK007  Read Replies (1) | Respond to of 99280
 
The VIX daily RSI study indicates close to 70 is strong indicator of an explosive event ahead. It hit 68.9 about 6 days ago--this shows that , yes, in the past almost 70 was enough. The key point being, for vixens, you can forget about whether it 22 or 38, etc. The 10mda and 20mda relationship and RSI are the REAL keys.Forget the number!.
stockcharts.com[w,a]daclyyay[de][pb20!b10][vc60][iub14!la12,26,9]
Max


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