Earlier today, I opined as to how SPX wasn’t done back testing its
IH&S because — among other reasons — VIX hadn’t even reached, let
alone reacted off our target of 18.31 (the solid red line.)
Never mind the “reached” part. VIX nailed our June 12 forecast right at the close. I don’t know about you, but I get all tingly inside when a 22% move comes in right on target like that.
We’ve hit three bulls eyes in a row with VIX — including the interim top on April 10 [see: Bottom Fishing], calling the June 4 high of 27.12 back on April 18 [see: VIX at a Crossroads] and, now this. The fourth will be a little trickier.
Now available on pebblewriter.com: Join as an annual member and take your pick of: (1) a second annual membership for half-off, or (2) a free quarterly membership. Perfect for that friend, colleague or client who's always bugging you for stocks tips.
Never mind the “reached” part. VIX nailed our June 12 forecast right at the close. I don’t know about you, but I get all tingly inside when a 22% move comes in right on target like that.
We’ve hit three bulls eyes in a row with VIX — including the interim top on April 10 [see: Bottom Fishing], calling the June 4 high of 27.12 back on April 18 [see: VIX at a Crossroads] and, now this. The fourth will be a little trickier.
Now available on pebblewriter.com: Join as an annual member and take your pick of: (1) a second annual membership for half-off, or (2) a free quarterly membership. Perfect for that friend, colleague or client who's always bugging you for stocks tips.
And, new members who join by June 21 and upgrade to an annual
membership within the first 30 days can apply the cost of their
membership to the annual price.
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Notice: There are less than 20 charter memberships left. If you'd like to grandfather the cost of an annual membership for the life of the site, sign up today.
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