Wednesday, March 7, 2012

Watch VIX Closely. Volatility could EXPLODE

S&P 500
  • the projected 1376 was reached (XY = ZA)
  • huge RSI divergence since early February
  • Pivot Support @ 1337.35, 1300.49 & 1202.37
  • Full Moon: Thursday  8th March 2012 @ Virgo 18°13'
  • The coronal mass ejection (CME) associated with the R3 (Strong) Radio Blackout event from 0024 UTC March 7 (7:24 p.m. EST March 6) is forecast to pass ACE early morning UTC on March 8 (start of day EST March 8). Geomagnetic storm periods reaching the G3 (Strong) level are likely as a result.  Additionally, the Solar Radiation Storm levels remain above the S3 (Strong) threshold at this time. 

2 comments:

Anonymous said...

loaded up on uvxy. thanks for the heads up!

Fibocycle said...

VIX close > 22 = GAME ON !!!!!