tag:blogger.com,1999:blog-6135767210188526078.post6394710741697786962..comments2023-07-28T11:28:55.153-04:00Comments on pebblewriter: Charts I'm Watching: February 13, 2012pebblewriterhttp://www.blogger.com/profile/11324367600914701000noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6135767210188526078.post-16476616359878519212012-02-14T08:36:46.739-05:002012-02-14T08:36:46.739-05:00We won't know when the back test is done until...We won't know when the back test is done until VIX breaks 22, establishing a higher high. Until then, it's speculation, as back tests can be slight or severe. Yes, by definition, after the back test is complete VIX will move higher. I haven't been following silver lately, but it appears to me its working on a descending triangle with 26.X as the base and an apex some time around Aug - Oct. A break below 26 is very bearish, while an upward break through the triangle trend line (currently around 36ish) would be bullish. pebblewriterhttps://www.blogger.com/profile/11324367600914701000noreply@blogger.comtag:blogger.com,1999:blog-6135767210188526078.post-48381840581858856782012-02-14T00:22:50.687-05:002012-02-14T00:22:50.687-05:00EURO and SPX used to trade in lockstep, but today ...EURO and SPX used to trade in lockstep, but today we saw Euro trading lower under 1.32 while spx stayed up there. Something's got to give?? PW, has the VIX finished its backtesting? I am assuming if it holds after backtesting, it should go higher??? Do you follow silver? How does its chart look? Thankspebblewriterhttps://www.blogger.com/profile/11324367600914701000noreply@blogger.com