Thursday, April 21, 2011

21st-April-2011–Pattern Study–Can we predict the rally of 200 points in DJIA yesterday ?

Ticker:

 

  1. VXX

 

Topic:

 

  1. Can the 200 points of rally in DJIA yesterday be predicted. Answer is === YES !!! But you really have to look very closely all the tiny bits and looks from other ticker rather than on DJIA itself.

 

Lesson Learnt:

 

  1. On Monday, DJIA had a 250 points BIG drop in a day. Look what is the response of VXX! It does gap up, but at the end of the day if came almost all the way down. This is really weird behavior and it has indicated that a BIG BULL is now at the back.
  2. DJIA  collected more energy on Tuesday.

 

Intraday Chart

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Historical Chart

-NA-

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