Wednesday, May 6, 2009

US Market - volitality index



One could see falling wedge in volitility index, which is bullish in nature.
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2 comments:

  1. Sunil SaranjameMay 7, 2009 at 3:03 PM

    Hi Renu,your observation is correct about the falling wedge on the VIX. This low reading on the VIX,signals a probable reversal in it - and an increase in VIX means a drop in the indices say the SNP!

    Good work on your blog and keep it up.

    ss :)

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  2. renuMay 7, 2009 at 7:48 PM

    Thanks for your encouragment.

    Renu

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