Smoking Securities

Half Baked High Finance

Simplifying the Daunting

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In an effort to create better charts, I’ve changed some of the variables to create a cleaner visualization of the Bullidex.

SPX Volatility Index

% of Rising SPX Stocks : SPX Volatility Index

The red lines are Bollinger bands set 3σ from the purple 5sma. The new green X in the right most column indicates decreasing volatility coupled with a higher percentage of stocks rising in the SPX.

This chart suggests a short term bullish bias in a predominantly bearish environment.  As a day trader, I’m looking to get long, but my position size is small due to the relatively high volatility.

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Written by chucklesamadeus

February 10, 2009 at 1:47 am

Posted in BPSPX, VIX

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