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, February 1, 2012
Big move or small move? (2012-02-01 VIX analysis)
Above is the daily chart of Volatility Index (.VIX). The index is currently within the red decreasing wedge and it is going to break out. We have to see which side it is going to break.
Levels to be aware of are indicated in the chart. Good luck.
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