WaveTrack International

Elliott Wave Financial Price Forecasting

VIX generates a short-term BUY S&P 500 signal

by m.tamosauskas| August 29, 2013 | No Comments

VIX

VIX index has traded back inside Bollinger Bands – statistically such an event generates a short-term buy S&P 500 index signal. Futures market held overnight lows, so a rebound wouldn’t be a surprise from the current price level.

Category: S&P 500

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WaveTrack International is a financial price forecasting company dedicated to the Elliott Wave principle and work of the R.N. Elliott. Clients include Investment Banks, Pension Funds, Total/Absolute-Return/Hedge Funds, Sovereign Wealth Funds, Corporate and Market-Making/Trading institutions and informed individuals -- & just about anyone who is affected by directional price change.

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