Friday, January 8, 2010

Volatility at Lowest Level in 19 Months - CNBC

"The VIX closed below 20 at the end of December. Historically, in the months that follow the VIX falling below 20, the S&P has been positive. On average, the S&P has been up

an average of .47% one month after the VIX crosses below 20, up 58% of the time
an average of .70% three months after the VIX crosses below 20, up 60% of the time
an average of 2.80% six months after the VIX crosses below 20, up 68% of the time"

This is a topping pattern folks.

Posted via web from tradertom.info posterous