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Technical Review of NYSE Composite
Monday, February 10, 2014 7:07
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—>Chart 1: NYSE Composite
Chart 2: Short to Mid Term VIX Futures Ratio and SP 500
Comments:
NYSE Composite has generated two upside gaps that should act as support on any reaction (chart 1). These gaps formed on 730 and 760 million shares traded suggest that the bulls (demand) are wrestling control of the trend from the bears (supply); a green painted stick in the VIX…
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Source: http://edegrootinsights.blogspot.com/2014/02/technical-review-of-nyse-composite_10.html
