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Saturday, January 31, 2015
Volatility spike ahead?
Volatility is on the rise as I posted early in the week. I would not be surprised to see the VIX above 24 in the week ahead. The MACD is on the verge of crossing up so we could well see a spike if the risk-off really takes hold.
The $SPXA50R is in the bearish zone as I posted early in the week. While this chart is below the red line as it is now, you can expect a high chance of a correction in the S&P 500.
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