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Monday, August 6, 2012

$SPX vs $VIX: 60 and 1 min charts. This is it??, last shake??

60 min chart

1 min chart

We are obstinate with our count and we are patienly waiting the outcome of this market shaking, before the big move,down. Really, we are learning a lot because we try to study, each day, what is happening. Some days ago we said this could last one or two days and we were wrong. This is lasting 4 days and could take more, but we think, if price has tested the neckline ressistance today and the $VIX and the $SPX, both, had been bullish, maybe and only maybe, this one could be the last shake.

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