Today's focus is Volatility Index (.VIX).
The index will be strongly supported at 20. And it is more likely to move sideways in near future.
Free technical analysis on Hong Kong stock market, world stock markets, foreign exchange market, commodities market, as well as some important notes for being a successful trader.
Wednesday, December 21, 2011
Involatile volatility (2011-12-21 VIX analysis)
It looks like the EUR was breaking out the green flag instead of continuing to drop. Currently it has reached 50-period Moving Average and would probably face some resistant. Support is at around 1.305, and next resistant will be at around 1.318.
Today's focus is Volatility Index (.VIX).
The index will be strongly supported at 20. And it is more likely to move sideways in near future.
Today's focus is Volatility Index (.VIX).
The index will be strongly supported at 20. And it is more likely to move sideways in near future.
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