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

To: yard_man who wrote (199055)	7/11/2024 12:57:40 PM
From: GROUND ZERO™	Respond to of 220442

That very well could be... A good reset for these markets would be very healthy... We could see the SOX group take a good hit to the downside, at least this is how it's beginning to look right now... The VIX has been below 14.00 for 27 consecutive market days as I posted earlier this morning, 28 consecutive market days including today so far... This is indicative of a powerful bull market and is extremely rare, BUT this kind of rare phenomenon only occurs near some sort of near term top... I wouldn't over stay the short side, but ride it as far as you can, just don't let it run away from you... GZ