Thursday, 19 April 2012

1pm update - VIX..finally rising

Its been a pretty volatile morning, but VIX remains strangely flat....but its off the lows..and we are slowly cycling up, and the formation is a bull flag. First  target 21..then 24.

VIX, 60min


A bearish afternoon is ahead...low 1370s..remain the target.

Good wishes