03/06/2012 Intraday Watering

[TraderGirl]

VIX possibility???

looks possible... 22.50ish? only thing is I don't like a close outside of the BB bands.

I guess what I am trying to say is that this could be close to the end of this move for now with the potential that we could be completing the 5th wave...??

[Cobra]

here's what I mean small small double bottom.

[SigmaEcho]

ok, now the ChiOsc is low enough, remember yesterday someone asked and I said it's not low enough and if this is the beginning of the trend then even low enough won't work? Let's see, I don't know if it work or not.

Hi Cobra, is today an MDD? if so, 2morrow MAD?

[tigerwang9999]

Hi, folks, who knows why i can't trade VIX from my Broker? what should be symbol? i can trade TVIX, but TVIX barely change. Thank

[fehro]

VIX possibility???

looks possible... 22.50ish? only thing is I don't like a close outside of the BB bands.

I guess what I am trying to say is that this could be close to the end of this move for now with the potential that we could be completing the 5th wave...??

Yes, seems like 22.50-22.75 is a good target.... today?...or gap up tomorrow?... seems like resistance is right there... with stronger resistance at 24.50ish, should we spike up.

[giggleeyes]

Hi Cobra,

Is today a MDD day？ And if so does it mean tomorrow has high possibility to close green?

Thank you,
giggleeyes

[ClarkW]

ok, now the ChiOsc is low enough, remember yesterday someone asked and I said it's not low enough and if this is the beginning of the trend then even low enough won't work? Let's see, I don't know if it work or not.

Cobra, do you keep your ChiOsc settings on stockcharts.com's settings of (3,10)?

[tigerwang9999]

who remember 2* VIX, not tvix, it's another one called vxy something?

[dr659]

here's what I mean small small double bottom.

It looks like after each one the rebound was smaller, So this should just about do it for this rebound?

[TraderGirl]

who remember 2* VIX, not tvix, it's another one called vxy something?

Are you talking about VXX?

[tigerwang9999]

not really, i bought vxx yesterday, it's only up 7 percent, while vix up 17. i am looking for 2* vix,, don't remember the name

[Al_Dente]

not really, i bought vxx yesterday, it's only up 7 percent, while vix up 17. i am looking for 2* vix,, don't remember the name

UVXY

[Cobra]

trend line resistance, still lots of resistances here.

[SigmaEcho]

who remember 2* VIX, not tvix, it's another one called vxy something?

UVXY ?

[tigerwang9999]

yes, that's UVXY, can any one please explain why UVXY and TVIX rise a lot less than VIX? Thanks and appreciate

[Richarab]

Anyone like shorting oil?
If it breaks that 104.50 I see 102 in quick fashion
It's pounding resistance like ES global -

[Cobra]

ok, revisit the low, now the key time, a higher low here would be a good news for bulls finally.

[Al_Dente]

yes, that's UVXY, can any one please explain why UVXY and TVIX rise a lot less than VIX? Thanks and appreciate

They don't follow $VIX
They follow the VIX Futures
http://www.forexpros.com/indices/us-spx ... nced-chart

[swayne99]

TRIN is signaling a gap up in the AM. Current reading 2.23

[SB73]

Senor Al,

Take a look at NUGT. DUST outside of BB and a bearish looking close. Don't rush in...just saying it is something to consider.