Stock Market Viewpoint

Stock Market Viewpoint
Reading the Tea Leaves...

Thursday, March 21, 2013

VIX Getting Stubborn

Stock Market Technical Analysis Blog

Click on image to enlarge

In the market today we had a bout of selling shown in the S&P in the upper chart.  The underlying problem being the VIX cat doesn't want to go back in the bag as shown in the lower chart.  The upper line of the S&P 20 year channel is starting to weigh heavy on the market.  

Trade well my friends