Day Trading Forex, Index Futures, Commodity Futures & Equities
Saturday, November 7, 2009
VIX vs. S & P 500 Predicting Trend
The hourly chart of the VIX (black line) has crossed the S&P 500 (blue line) on Thursday. With the FOMC Meeting and the employment figures past us, perhaps we are ready to continue to the upside.
I have been day trading my own account since 2002. Previous to that I have worked for many Wall Street firms providing investment advice and investment banking for small start up companies. I am currently working with a private equity firm providing small business owners with alternative funding to grow their business.
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