Tags: candle wave

What the $VIX Telling Us Now

August 21st, 2012
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by William Kurtz, Candle Wave LLC The "VIX" is the "Market Volatility Index," otherwise known as the "Fear Index" or "Complacency Index." When the VIX is low, traders (in the aggregate) are complacent, and are optimistic that the market will rise. T… more »

Fasten Your Seat Belts for a Bumpy Ride

December 28th, 2011
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by William Kurtz, CandleWave LLC The Great Rally of 2009 came to an end on May 2, 2011. It was the greatest rally ever seen in the stock market. At its end, it had retraced almost 80% of the decline from the all-time market top of October 2007. The… more »

Dow Industrials, S&P 500: At a Fork in the Road

April 12th, 2011
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The author feels it seems increasingly likely that the Great Rally is over. If, as we think, it has been a countertrend move which began in March 2009, then it will be completely retraced – at the least. more »