PUG Stock Market Analysis, LLC | Technical Analysis Blog

PUG Stock Market Analysis is here to help with SP500, QQQ, IWM, Gold technical analysis, stock analysis and more.

July 20th, 2010: Update 5 – VIX

Posted by pugsma on July 20, 2010

2:05 pm EST:  As I was indicating since the EOD on Friday, the CBOT options traders never confirmed the OPEX drop in stocks Friday morning.  The big-time smart money has been buying SPY Calls since about noon on Friday, hence the VIX has been dropping.  Today, we are seeing in a bearish engulfing candle on the VIX and if the 200-day SMA at 23.43 breaks the bulls will bust through the gate and gore every bear in sight.

SP-500 VIX (1:46 pm):

Sorry, the comment form is closed at this time.

 
%d bloggers like this: