User: TnRevolution: Slope of Hope Posts: Volatility Cometh (by TnRevolution) - Slope Of Hope with Tim Knight#comments
Volatility Cometh (by TnRevolution) - Slope Of Hope with Tim Knight#c...
Good afternoon Slope. Two quick charts today. First, on the VIX, notice the falling wedge on the hourly chart. $VIX broke out of the wedge in July, has fallen back to retest the wedge, followed by a nice base with mulitple positive MACD divergences. Lastly, take a look at the nice rising wedge that has formed on JPM. The financials are about to experience some nice volatility. Bring it on!
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- By: TnRevolution
- On: 8/21/12 3:45PM
- Viewed by 19 SocialTraders
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