Wednesday, June 15, 2011

VIX breakout 6/15

After posting a couple days ago that the VIX was showing some consolidation right near the top of its recent channel, it seems that today it finally broke out to the upside and has closed well above the 20 level which it hasnt seen since mid march. Depending on where this opens tomorrow, it might be a good play to try to get in this.

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