FKLI turned bearish back below 1400.. VIX Fear is back

VIX FiFT +ve = Fear in Control now.
FKLI hit EMA50 and 1400 Resistance and retrace. FiFT turned -ve.

Stock is Bearish bias. Stay aside.

Kommentera:

VIX are still BULLISH, but at cross road. Appear to be blocking by EMA20.
If VIX breaks above EMA20, meaning, VIX BULL is getting stronger.. which is not good for stock. Be cautious.

Kommentera:

As predicted, many fake breakouts during most of the week due to fear sentiment.
Last friday, VIX turned bearish (fear subside) with fast turtle sell appear on friday.
VIX seems resisted by 40 and EMA20
FiFT turned -ve
ATOM sell
Expect bullish start for stock market starting next week.