A healthy dose of consolidation following the thrust out of the H&S base is good. We are overbought and the VIX is consolidating after a steady move lower into a support (congestion) area.
1 hour ago
Wednesday, January 07, 2009
Technical Picture - Consolidation
A healthy dose of consolidation following the thrust out of the H&S base is good. We are overbought and the VIX is consolidating after a steady move lower into a support (congestion) area.
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