Checkout the mess of channel-lines being held and broken as this short-term top "tops". The rollover has been what the media call "choppy". But this could be expected as the Bull/Bear fight rages on. Trading in this environment can be profitable, but you have to keep the overall trend in mind which is still down.
The point I'm trying to make is the "Chop"or price volativity in this market is not being seen as an increase on the VIX or Volativity index. HUH? Could a reason be that EVERYONE is expecting this downturn so the unkown is not so unknown? Remember the VIX is named a Volativity index, but in actuality it is a measure of uncertainty.
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