Bears may be ruthless here with stops
Back-testing the breakdown of the 9/15 low at 197.46 should be tolerated, but bears may not want to give back too much more of their hard-won profits
We've only just seen the first leg down of the day, and at the moment we are just fanning-out the downtrend line, so this is a premature covering alert
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Hello Cobra, what stats do you have on trading below lower BB for say SPY and VIX up over 18%? Thought this had good odds of green day tomorrow? Thanks
vol surge, biggest red, so might be another rebound attempt here first then we'll see.
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Bman69 wrote:Hello Cobra, what stats do you have on trading below lower BB for say SPY and VIX up over 18%? Thought this had good odds of green day tomorrow? Thanks
VIX up 18% in a single day, 67% chance tomorrow green.
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