The market volatility index (click on graph to enlarge) will have to go above 35 for the market to hit an important bottom.
As you can see in the above chart, the 35 level is crucial. Major bottoms have taken place when the index rose above this level.
In times like this one it pays to be patient.
More on http://www.peterdag.com/.
George Dagnino, PhD
Editor, The Peter Dag Portfolio
Since 1977
No comments:
Post a Comment