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Thursday, June 11, 2009

ProphetCharts: $VIX


Here is a long term weekly trend line of the Vix....the end of June is the target for a bounce.....this is also the end of the quarter.....here is where there can be a major reversal......this also correlates with the Spy projected target high....yesterday i talked about Mutual Fund window dressing buys into the end of the Quarter .....once the qtr is printed expect the big dump....


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