Wednesday, February 15, 2012

Volatility breakout (2012-02-15 VIX analysis)
















Above is the daily chart of Volatility Index (.VIX). The index broke out the decreasing flag last week and will probably surge. 50-day SMA was able to resist it once but it is expected to be weaker when VIX tests it again. The retracement levels will be major resistant levels.

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