lower open as the energy graphs suggested. 1343 is resistance, we are above that currently. whatever trend is established, could last to Weds or Thursday of this week when we have another turn. The price action today looks like it could signal sideways to up into Weds or Thurs, but it looks like whatever the FED announces it is not liked....
Yes, I know it and I agree…in this particular case. But his interpretation of the VIX <=> ATR(VIX) is over- simplified. The divergence or “unison” evolution (his term) can mean various things…in function of the Market conditions.
Check on my chart "SPX rounded top ~ VIX rounded bottom" which appear to deliver a reliable SPX signal!
We can discuss the concept some other time, when we have more time!
THAT GUY wrote:RichArab,
you are more than welcome to stay over our house in KSA if things turn bad for you .... it's a small house but it will serve the need until you buy your next palace
Richarab wrote:
Cobra wrote:the open.
hi all
I am shorting the hell out of this market
May need to sell the Kuwait home if my face is ripped off
have a place in Dammam and Jeddah
Not to mention a slew of other places - like trang Thailand - but lets hope i don't need to give up Kuwait - it's a lovely place (feb-may)
OR high as support, key time for bulls, rebound here is bullish.
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Cougar......Where can I find this chart you're referring to?
"Check on my chart "SPX rounded top ~ VIX rounded bottom" which appear to deliver a reliable SPX signal!
We can discuss the concept some other time, when we have more time!cougar"
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