Last time we came down to ES 2704 and hit the empty part of the chart it whooshed to 2702 and bounced in two legs to a new daily high. Waiting for the re-run, thinking it won't end the same.
fehro wrote:not sure .. sloppy little H&S SPX , SPY 5m intra day… target is yHOD or/and open price gap ..VIX is weak… dribble lower
VIX is so weak that I am afraid that we will repeat 2016 type bull..BEARS will keep talking about resistance and mad BULLS will keep taking them out and go higher...not a good sign for BEARS at all...
I added Seth Goldman, the former Target logistics manager, to my twitter feed. He is still shorting the VIX with both hands. I think all the speculation really undermines it's accuracy as a prediction tool.
fehro wrote:not sure .. sloppy little H&S SPX , SPY 5m intra day… target is yHOD or/and open price gap ..VIX is weak… dribble lower
VIX is so weak that I am afraid that we will repeat 2016 type bull..BEARS will keep talking about resistance and mad BULLS will keep taking them out and go higher...not a good sign for BEARS at all...
keep in mind its' VIX expiration tomorrow.. so .. squeeze those options. may see VIX up Big tomorrow with a gap
fehro wrote:not sure .. sloppy little H&S SPX , SPY 5m intra day… target is yHOD or/and open price gap ..VIX is weak… dribble lower
VIX is so weak that I am afraid that we will repeat 2016 type bull..BEARS will keep talking about resistance and mad BULLS will keep taking them out and go higher...not a good sign for BEARS at all...
Market conditions not quite the same as 2016 as the Fed still had pedal down on liquidity vs. a moderating policy.
At the margins, it makes a difference and should add more volatility with less liquidity. Does not mean volatility down just up and down less so the bulls ripping 10 days straight of gains
ccash04 wrote:
Market conditions not quite the same as 2016 as the Fed still had pedal down on liquidity vs. a moderating policy.
At the margins, it makes a difference and should add more volatility with less liquidity. Does not mean volatility down just up and down less so the bulls ripping 10 days straight of gains
Are you speaking of the 2016 past or the 2018 present?
April 6 was not an up day
Last edited by K447 on Tue Apr 17, 2018 2:35 pm, edited 1 time in total.
Trades with cats wrote:I added Seth Goldman, the former Target logistics manager, to my twitter feed. He is still shorting the VIX with both hands. I think all the speculation really undermines it's accuracy as a prediction tool.
Trades with cats wrote:I added Seth Goldman, the former Target logistics manager, to my twitter feed. He is still shorting the VIX with both hands. I think all the speculation really undermines it's accuracy as a prediction tool.
If he is still shorting VIX at 15 then that is something really brave..I can see someone shorting VIX in 20's
ccash04 wrote:
Market conditions not quite the same as 2016 as the Fed still had pedal down on liquidity vs. a moderating policy.
At the margins, it makes a difference and should add more volatility with less liquidity. Does not mean volatility down just up and down less so the bulls ripping 10 days straight of gains
Are you speaking of the 2016 past or the 2018 present?
April 6 was not an up day
2016 where it seemed like we went up up up and away everyday
So has anyone done a correlation to with VIX to Presidential Tweet storms? Seriously, when the trade war and chemical weapons chest thumping was going on the VIX should have been going crazy. Now we are in relatively calm conditions so shouldn't it drop back down?
Trades with cats wrote:So has anyone done a correlation to with VIX to Presidential Tweet storms? Seriously, when the trade war and chemical weapons chest thumping was going on the VIX should have been going crazy. Now we are in relatively calm conditions so shouldn't it drop back down?
Perhaps it would be interesting to chart the half life effect of a T tweet since, well, he began tweeting ...
How long does the Tweet effect last, how big of a move does it cause?
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