Vix-dow (2)

VIX failed to take the top as suggested in earlier posts in the chatroom, helped to spot the strength of the bounce together with other indicators at some stage... the question now is whether its going to go back at it forming an inv. H&S as it still not out of the woods, we'll soon find out, tomorrow could turn into most significant day with regard to the doom and glum hanging over the market lately... one thing to note is that in spite of the terrible sentiment VIX never went extreme...
 

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Here is the follow up for the above post..VIX did try but failed to make it let alone to take it and tumbled all the waydown tothe trend line, judging by the strength of the drop it may well end up testing support at 34..

Riz
 

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