Thursday, June 05, 2014

IndiaVIX reaching support

Hi friends,
                     In my last post on VIX i had written about VIX BREAKOUT .We saw handsome 
breakout and witnessed a rally from 14 to 38 levels in a short span of time.
Lets see the present picture .
IndiaVIX reaching support
After spending time near highs
Vix reversed and has reached support
From wave priciple we can see vix is
almost finishing 5 wave down
A case for a rise coming up in some
time ,Look for VIX to head north 
in sometime ,We can see vix back to 22 levels soon play accordingly.




Regards
Rish 

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