S&P 500 - DOJI close on March 17, 2011
The ETF SPY (proxy for the S&P500) has a DOJI close yesterday. This normally indicates a lack of direction or indecision. It was also an “inside day” in that the highs and lows were within the range of highs and lows of yesterdays trading. This would also indicate a reduction in stock market volatility (VIX).
VIX - Breakout to Upside - March 11, 2011
During out last post on the VIX we said the chart has a symetical triangle pattern and it could break out to either direction.
Yesterday the VIX broke out to the upside indicating increased volatility in the market.
Technical Analysis - Volatility - unitedfinancialplanner.com
The VIX, or CBOE Market Volatility Index, made a lower high and higher low yesterday, March 8, and is created a symmetrical triangle. These triangles can resolve to either the upside or downside but can tend to resolve to the current direction. In this case the current trend of the VIX is up. Below is [...]
VIX - Volatility Resisted and Declining
The VIX has resisted the moving average and has declined for the last two trading sessions.
The next resistance will be the 50 and 200 day moving average, which have crossed and pointing up at this time.
Volatility - VIX - Resistance on Feb 25 - unitedfinancialplanner.com
The VIX showed resistance to the moving average on Thursday, February 25 and ended the day with a “dark cloud” candlestick formation indicating we could see a reversal in the VIX.
The hope in the market yesterday is that the oil prices will stay at or below $100. The discussion is whether the Lybia oil fields [...]
VIX - Market Volitaility Indicator - Feb 24, 2011 - unitedfinancialplanner.com
The VIX has obviously gone up in the last two significantly down days in the market.
The VIX indicator is at a clear resistance level at 23. The moving averages on the indicator would indicate that there is a general change in direction for the short term on this indicator. This means we will see more volatility [...]
Vix - Volatility Index - July 13 2010
The VIX closed up today and resisted the 200 day moving average. This would indicate that we may have a short term bottom and trend reversal back up.
Stock Market Analysis - July 9
The Dow Jones Industrial average had a up week and a strong finish. The Dow Jones average is within a Head and Shoulders pattern and/or descending channel. Both of these patterns would suggest we still have downward prices in the near future.
The Heads and Shoulders stock pattern for the Dow Jones would suggest an 8,600 [...]
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