Live Update

Monday, June 14, 2010

06/14/2010 After Bell Quick Summary

One trick today: When both SPX and VIX closed in red, 24 out of 31 times (77%) recently a green day the next day.

1

The bottom line, sure the index daily chart doesn’t look, but the previous 2 times when we got a bad close like today, we had a huge (I mean really really huge) gap up open the next day. My question is: Will the 3rd time be the charm?

SPY60min

blog comments powered by Disqus

Disclaimer

The information contained on this website and from any communication related to the author’s blog and chartbook is for information purposes only. The chart analysis and the market recap do not hold out as providing any financial, legal, investment, or other advice. In addition, no suggestion or advice is offered regarding the nature, profitability, suitability, sustainability of any particular trading practice or investment strategy. The materials on this website do not constitute offer or advice and you should not rely on the information here to make or refrain from making any decision or take or refrain from taking any action. It is up to the visitors to make their own decisions, or to consult with a registered professional financial advisor.

This websites provides third-party websites for your convenience but the author does not endorse, approve, or certify the information on other websites, nor does the author take responsibility for a part or all materials on the third-party websites which are not maintained by the author.