stocktiming.com...Friday 14 October 2011: a bullish VIX Close 28.4
15% Hedged: *1200
...above study shows institutional buy_sell behavior compared to the VIX: a positive institutional bias under construction in line with continued sideways VIX action (note the positve divergence in the buy_sell spread)
...the VIX Close 28.4 will increase the positive bias substantially for a test to take out the VIX 20 support
...as a result, above the October 10 2011 congestion *1182, the market bias remains bullish
Kind Regards
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