Cobra's Market View

Harapa wrote:

StudentBill wrote:How low can she go..

scvix.png

Until all bears are slaughtered!

The bears already been slaughtered long time ago, what's left?

BullBear52x wrote:

Harapa wrote:

StudentBill wrote:How low can she go..

scvix.png

Until all bears are slaughtered!

The bears already been slaughtered long time ago, what's left?

Hamburger...

Al_Dente wrote:

StudentBill wrote:How low can she go..

scvix.png

holy shite Bill, that's a new low VIX
That just confirmed this bull run
thanks

Well if it plows through that trend line today I'll be a beliver.

Heck wrote:Hamburger...

I believe your meant:
Ham_burger

for a TA shake, not a sell here since it's on the HH run, but to discount negative MACD and RSI neg D. it's a little over look don't you think?

SOX has a cycle date hitting tomorrow...

typical 3 measured move up, the next pullback would be larger than the tinted area. don't know when the pullback will be though.

Update:

lets get back on intraday, RSI return is a go for evil me.

I have an SPX:VIX mean reversion indicator telling me to go long, just for a quick trade, VXX now. Bombs away.

been a while since we've had this many negative divergences

spx 60-min, daily RSI both -div. weekly very overbought
spx 60-min, daily MACD both -div.
negative diverge on the NYSE summation index
outside the upper bollinger on 60-min and daily

hard to stay too bullish here unless you're convinced you can be the first one out the door

StudentBill wrote:I have an SPX:VIX mean reversion indicator telling me to go long, just for a quick trade, VXX now. Bombs away.

I don't know your time frame. But for a swing,I won't buy VXX when my daily is in long mode.
Here are the STATs for trading XIV long and short (same as long VXX) .

TraderGirl wrote:SOX has a cycle date hitting tomorrow...

dude i like your cycle markings, thanks

rc1269 wrote:been a while since we've had this many negative divergences

spx 60-min, daily RSI both -div. weekly very overbought
spx 60-min, daily MACD both -div.
negative diverge on the NYSE summation index
outside the upper bollinger on 60-min and daily

hard to stay too bullish here unless you're convinced you can be the first one out the door

but if you think you can handle 3% drop you will be fine, I don't see a crash start at the top but at the last buy, so far bulls got lots of room. if I see good buy entry I will, am I bullish? no really.

TraderGirl wrote:SOX has a cycle date hitting tomorrow...

Nice TG! I like

BullBear52x wrote:

rc1269 wrote:been a while since we've had this many negative divergences

spx 60-min, daily RSI both -div. weekly very overbought
spx 60-min, daily MACD both -div.
negative diverge on the NYSE summation index
outside the upper bollinger on 60-min and daily

hard to stay too bullish here unless you're convinced you can be the first one out the door

but if you think you can handle 3% drop you will be fine, I don't see a crash start at the top but at the last buy, so far bulls got lots of room. if I see good buy entry I will, am I bullish? no really.

agreed. that said - we had one in May 2010...

Harapa wrote:

StudentBill wrote:I have an SPX:VIX mean reversion indicator telling me to go long, just for a quick trade, VXX now. Bombs away.

I don't know your time frame. But for a swing,I won't buy VXX when my daily is in long mode.
Here are the STATs.

I am looking just for today, and if we get some ridiculous vix pop maybe ride it overnight. I'm looking to most likely scalp 1.5 to 2% then jump into XIV. Your method is better no doubt.

Al_Dente wrote:

TraderGirl wrote:SOX has a cycle date hitting tomorrow...

dude i like your cycle markings, thanks

I don't believe this pullback would drop below the tinted area, but let's see.

ClarkW wrote:

TraderGirl wrote:SOX has a cycle date hitting tomorrow...

Nice TG! I like

It would be nice to see it hit a high of some kind tomorrow...