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This is the same VIX Hurst
4 chart I posted last week.
So, far VIX is following the
projected path
well. High today
in the VIX was 36.96 which is where
the
top of the middle band envelope
is.
Larger upper band is in 41
area
I added in a comparison coming off the
September lows with price action in the
S&P and VIX. Ignore the dates in October,
just
mainly looking for the rise in the VIX
then
in conjunction with the price drop in the
S&P at that time.
We're entering the time and price
area here to where I'm looking for
an entry to go long in
conjunction
with the indices. I
closed my
short position today.
A break of todays lows tommorrow in the
S&P and looking
for 898-910 to be strong support and
will see how price reacts in this
area.
Best,
Rhonda
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