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DEPENDING ON THE CLOSE:
This might be the first day that $VIX did not make a new low, while SPY made another new high
If so, today will be day-one of “non confirmation”
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Al_Dente wrote:DEPENDING ON THE CLOSE:
This might be the first day that $VIX did not make a new low, while SPY made another new high
If so, today will be day-one of “non confirmation”
Boss, but XIV did make a new hi
Does this negate the lack of low by VIX
Above is provided for informational purposes only and shouldn't be considered an investment advice or recommendation to buy or sell anything.
Claudio.dicorato wrote:Cobra but this is 3 push up pattern? Tomorrow you Think will close in red?
need a pullback to confirm 3 Push Up otherwise the pattern is invalid.
Let's see how today closes first before calling tomorrow.
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Al_Dente wrote:DEPENDING ON THE CLOSE:
This might be the first day that $VIX did not make a new low, while SPY made another new high
If so, today will be day-one of “non confirmation”
Boss, but XIV did make a new hi
Does this negate the lack of low by VIX
No, not under the “SPY new high must be confirmed by $VIX new low rule” which doesn’t take XIV into account
(using the word “rule” quite loosely)
$VIX, SPY divergence can persist for hours/days but not weeks
They will realign one way or the other…..
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
overshot on spy chart as well, let's see any pullback here.
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Al_Dente wrote:
$VIX, SPY divergence can persist for hours/days but not weeks
They will realign one way or the other…..
Really
Ok boss I see your point
But XIV new high without a $VIX new low
just means that the options traders ($VIX) are not as bullish as the futures-volatility traders (XIV) today
TODAY, intraday
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
pullback as expected. I have a mini pullback target, but I dare not to believe anymore.
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mini pullback target I dare not to believe. the chart is meant to show members only, but well...
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Al_Dente wrote:
Ok boss I see your point
But XIV new high without a $VIX new low
just means that the options traders ($VIX) are not as bullish as the futures-volatility traders (XIV) today
TODAY, intraday
I know what you are saying, I was just teasing you. It has been a boring day.
Last edited by Harapa on Tue Jan 22, 2013 4:21 pm, edited 1 time in total.
Above is provided for informational purposes only and shouldn't be considered an investment advice or recommendation to buy or sell anything.