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Thursday, August 2, 2012

$SPX VS $VIX: How both charts work together. Must see.

Is very interesant, how the $VIX has a pattern that help us to forecast what is going to pass in the future, on the $SPX chart. We are convinced that, the mass psichology rules the markets behavior and that is the reason why we use Elliott Waves and Fibonacci secuence. This mass psichology forms a pattern before major turns as we can see in this chart.So, the downfall is near or better, the downfall has started?. You can answer the question.

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