13 Dec 2012

 Medium term appears to be headed downwards.

Short term appears to have made a bearish negative divergence.

The VIX continues to build pressure and coil.  It hasn't broken out yet.  If it wants to stay within the line, I'd give it maybe a week of slightly up / flat moves for it to do so.

Sorry the posts have been a little short lately.  I have been busy.

"It had long since come to my attention that people of accomplishment rarely sat back and let things happen to them. They went out and happened to things."
Leonardo da Vinci