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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (6009)6/21/2010 7:06:47 PM
From: GROUND ZERO™3 Recommendations  Read Replies (1) | Respond to of 221780
 
I see... well, here's my concern now... the market moved sharply away from the vertical price rather than merely trade around it and/or move lower slowly, today's action was not healthy... also, the VIX has now found support at the 200 DMA with an outside key reversal, see below:



It can be argued here that these markets may well have seen the highs for a while and a down turn is now under way...

GZ