07/06/2009 After Bell Quick Summary

SPY, UUP and VIX have carved out a reversal bar on the daily chart, it seems like that the market is ready to reverse its course here except for one thing: both VIX and SPX were up today. From the chart bellow we can see (dashed vertical lines) that 7 out of 8 recently when both VIX and SPX were up on the same day, the next day wasn’t very pleasant.

VIXSPXWatch

11 Comments on "07/06/2009 After Bell Quick Summary"
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    July 6, 2009 at 6:01 pm
    Greenlander says:
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    July 6, 2009 at 6:06 pm
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    July 6, 2009 at 6:22 pm
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    July 6, 2009 at 7:49 pm
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    July 6, 2009 at 8:14 pm
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    July 6, 2009 at 8:29 pm
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    July 6, 2009 at 8:42 pm
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    July 6, 2009 at 11:57 pm
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    July 7, 2009 at 6:52 am
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    July 7, 2009 at 9:43 am
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    July 7, 2009 at 12:26 pm
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