“The charts, as interpreted by Mark Sebastian, suggest that the S&P 500 is headed higher … and the negative trends I pointed out at the top of the show — at least some of them — shouldn’t lead to anything too frightening,” the “Mad Money” host said. Sebastian, the founder of OptionPit.com and Cramer’s colleague at RealMoney.com, came to the conclusion after plotting moves in the S&P 500 and the Cboe Volatility Index (VIX). “If you’re worried that the VIX is headed higher and therefore the market’s inevitably [headed lower], Sebastian says, ‘hold your horses,’” Cramer said. CNBC’s Jim Cramer …
Diagrams recommend stocks headed higher notwithstanding present dangers, Jim Cramer says
