Above is the daily chart of volatility index (.VIX). The index recently plunged to all-time low and bounced to resistant level. From the chart, it looks like it would be going to break out, though the breakout signal is not very strong.
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.
Friday, August 17, 2012
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