As I did the last time around, I have elected to share some of the many excellent entries I received in connection with last week’s chart of the week contest.
Building on the long-term perspective of the winning entry, Shift CTRL Group submitted an excellent VIX chart that was featured in a recent post, Is the VIX Signaling a Possible (Short-term) Bottom? I have reproduced the chart in full below, but in the original, the author comments:
“The lower study shows a 3,13 MACD (without the signal), a reading of ~9 shows to have previously been indicative of a rebound (if at least for a short time)…”
Click through for the full commentary and some dialogue about this chart in the comments section.
For more on related subjects, readers are encouraged to check out:
- Chart of the Week: Weekly Volume Flow (June 2010 winner)
- Chart of the Week: Total Put to Call Ratio (March 2010 winner)
[source: StockCharts.com and ShiftCTRL Group]
Disclosure(s): short VIX at time of writing