Stock Market Technical Analysis
click on image to enlarge
The VIX turned back upward at midday today going back up to the 16.40 level where there is a cap beginning (shown with the thick horizontal red line). Such a quick reversal makes it more likely that we may be in for a multi-day test of the upper VIX line (shown in the lower daily chart above) as we had in early August.
Trade well my friends
Alan
