VIX Reverses

02/03/2009 10:02 am EST

Focus: STRATEGIES

Thomas Aspray

, Professional Trader & Analyst

chart

The improvement in the sentiment and market internals noted last week has been reversed with the selling of the past few days. This uncertainty is likely to be resolved over the next week. The VIX has turned up again and the MAs are positive. A break of the downtrend would be negative for the market.

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