Tag Archives: Charts

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Support Levels To Keep An Eye On – Weekly Market Outlook

After gaining 7.2% thanks to four consecutive weeks of gains, the market finally took a well-deserved break, falling 1.1% last week.  The move still didn’t technically snap the uptrend, though last week’s modest pullback could end up being the beginning of a more significant correction.  Then again, the rally has survived worse. We’ll look at […]

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Misreading the VIX

Recently many people have been talking about how often investors have entered the market when the VIX was below 16 only to lose money by buying at the market tops. The assumption that a VIX below 16 is highly correlated to a market top is not always accurate. To fully grasp this concept, one must […]