This is another view of how the composite VIXEN indicator works with the 3 Finger components. White line is TLT while the shaded area is the blended VIXEN confirmation signal. The yellow arrow shows a nice BULL signal for equities back on March 9th and the yellow oval shows the consensus BEAR signal for equities on May 14th. Note the NO GO reversal status on April 9th…close but no conformation. Exit signals are best managed by changes in convergence and divergence momentum and because of their significance will be examined in detail in subsequent posts. You can also see how the VIXEN may equally be interpreted as a consensus signal for TLT.
