Saturday, April 7, 2012

DJ-30 & Vix

DJ-30
  • Broke small Bear fork
    • Next test will be Mid-line at 12750
    • Break there would be Bearish
      • 50 DMA (12,350) and 100 DMA (11,800) would be next lines of support
Vix
  • Vix starting to break out
    • Market could be in for a sell off ahead
    • Break above 18 on the Vix would be bullish
      • Break above 21 would be very bullish

Unemployment (Why It Is Going Down)

Not In Labor Force
  • This is a chart you do not want to see go up
    • Here is the main reason Unemployment is going down
      • Less people in the work force = less people unemployed