Friday, April 3, 2009
VIX Update - Just before Friday Close
Interesting situation taking place. VIX will close near 41 and again tested that 40 trend line. But PCR data is heavy on the Call Side. This will get us back into the scenario of a dual low trend line reversal as it has done every time this scenario has taken place in 2009. But lets see what the close brings to make sure the PCR data stays on the heavy call side.