S&P Flat on the Week and VIX Up 5%

By | July 25, 2014

The S&P 500 index finished the week unchanged but the VIX was up over 5%, the divergence sending a bit of a mixed signal.

53.vix chart

The Russell 2000 still looks weak and the DOW closed on the support line of a six month rising triangle pattern.

53. Rut chart

53. djia chart

I’ll be looking at the major averages in more detail over the weekend.

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