VIX, Transports Indicative of Vulnerable Stock Market (VXX, TVIX, QQQ, XHB, XLY, IJR, IJK)
Chris Ciovacco: The bulls have been firmly in control since the Europen Central Bank (ECB) induced rally off the December 19 low in stocks. However, last week’s capitulation selling in the VIX and current divergences between the S&P 500 and Transports have opened a crack in the bearish door. We believe a Read more…
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