Recommended Reading

Google Search

Charts courtesy of

Monday, July 12, 2010


VIT at first glance looked like a failed breakout, but closer inspection reveals a cup and handle pattern, the breakout point of which is at the blue line. Today;s move may be a pause before another move up, or a warning of an impending break down. I don't know which it is, but based on volume patterns I am leaning toward the former.

No comments:

Google Analytics