Hey, the more things change, the more they remain the same. A complete reversal from yesterday as the Lazy Man components revert to the longer term 3 day trend.  10 minute bars above show the mid -day convergence of volatility.  If you’re running the LM template just plug in VIX in lieu of GLD for a real eye opener.  You can’t buy fun like that. Oh Yeah!,  and gold continues a slow grind up.  Big news from one of the high profile doom sayers today predicting the imminent collapse of all things gold and silver but with the level of current geo-political anxiety I’m still in the bulls camp on GLD.

Related posts:

  1. XLB Stumbles; TLT Perks Up
  2. XLB Out of the Gate
  3. EUR/USD Stumbles
  4. GLD Meets the Fractal Lazy Man
  5. VIX Rides the Rotator Belt