Intraday Market Thoughts

The Next Golden Cross

by Ashraf Laidi
Sep 25, 2015 19:47

A NEW AND IMPORTANT Golden Cross formation has emerged. Guess what it is ! 

On Sep 18, we highlighted a Golden Cross formation in the VIX via the crossover of the 55-week moving average above the 100-week moving average for the first time since August 2007. Such formation occurred only in 3 occasions over the last 14 yrs.   Now, we've an eerily similar formation -- a Golden Cross formation, also the first since 2007 and also involves the 55-week moving average. 

Wanna guess?.  Please tweet us your answers to @alaidi and please READ CAREFULLY the CLUES in the box.   We will unveil the answer on Monday along with ONLY the correct guesses.

Click To Enlarge
The Next Golden Cross - Next Golden Cross (Chart 1)

 

 
 

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