A quick snapshot of a few charts after the Friday close.
S&P 100 (OEX)
Daily:
Hourly:
S&P 400 Mid Cap
Wilshire 5000
Dow Transportation Index
Volatility Index (VIX)
All the rest of the charts, and more in the weekend video.
Providing Stock Market Analysis and Economic Commentary without the Hype
A quick snapshot of a few charts after the Friday close.
S&P 100 (OEX)
Daily:
Hourly:
S&P 400 Mid Cap
Wilshire 5000
Dow Transportation Index
Volatility Index (VIX)
All the rest of the charts, and more in the weekend video.
The VIX, having broken upwards from its bullish flag pattern, has pulled back and is nearing an area of support.
Taking a look at the VIX on an hourly chart scale brings up some interesting patterns. Notice the two short term channels (one is red, the other is green). And also a trend line (dashed line).
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