Daily Remarks – Tuesday, August 14, 2012

Yesterday’s Price Action: Dow Jones – Upward Posture Could Morph Into Topping Risk Dow Jones Industrial Average started the day under pressure and remained so through the day. For the first half of the day’s session, till 12:15 PM New York Time, DJIA was declining. At 12:00 Noon, DJIA made a Wyckoff spring on 15…

The Vixen VIX

$VIX is entering a zone that has been historically good for the market. It is flirting with a reading of 15. So should you take this as a signal that the market is topping out and that it is ready to topple over and that you need to get out of the market? The history of VIX…