I analyze macroeconomic issues from a fundamental perspective, and I analyze market behavior from a technical perspective. Original macroeconomic analysis can be found here and both macro analysis and commentary can be found on my Caps blog. If you like or appreciate my analysis, please add yourself to my Following List

Wednesday, May 1, 2013

May 1

Crazy up and down market the last few weeks. 60-min system back on a sell. The short-term VIX divergence observed in the last post is met with even more divergence recently. (Chart below has the inverse in the main panel as well as SPX)