08/21/2015 Live Update

[Al_Dente]

All pretty dismal
But the best of the worst is IWM/RUT smalls
That is actually a glimmer of hope for bulls, if the small caps try to lead us out of hell

[MrMiyagi]

qqq

[Trades with cats]

Small Caps futurs, TF just dropped through VWAP. S1 pivot (1154.5) did nothing on the way up so I am guessing it is back down to congestion around 1152.

[Cobra]

2nd test of day low, 40% chances of double bottom. key time.

[tsf]

Source: Bill Luby
http://vixandmore.blogspot.ca/2015/06/t ... xpect.html

Note that based on the data for the 23 VIX spikes in excess of 30%, the SPX has a tendency to outperform its long-term average over the course of the 1, 3 and 5-day periods following the VIX spike. Also worth noting that that 10 and 20 days following the VIX spike, the SPX has a tendency not only to underperform, but decline.

[MrMiyagi]

qqq

spy

[tsf]

Source: Vance Harwood ‏@6_Figure_Invest Aug 18

Odd looking VIX Term Structure. 18Sep # elevated due to 17 Sep FOMC meeting

[uempel]

A look at the RSI 200 on the daily SPX:

[Al_Dente]

Scorecard, as of a few minutes ago
Since the 7/20 top:
SPY down -6.06%
DIA down -7.99%
(this is that “xxxx” that Cobra has been telling us about most nights)

[Al_Dente]

Source: Bill Luby
http://vixandmore.blogspot.ca/2015/06/t ... xpect.html
Note that based on the data for the 23 VIX spikes in excess of 30%, the SPX has a tendency to outperform its long-term average over the course of the 1, 3 and 5-day periods following the VIX spike. Also worth noting that that 10 and 20 days following the VIX spike, the SPX has a tendency not only to underperform, but decline.

thank you

[Cobra]

mm down? I sure hope so.

[Junior Buffett]

what is the target for going long? 1980?

Fehro, boss hows VIX look? Is it expiry of option today?

[Al_Dente]

Average daily volume in $VIX options on the CBOE
[posted by the CBOE one hour+ ago. Numbers are as of yesterday’s close]

[fehro]

SPX still trying to hold...

[fehro]

what is the target for going long? 1980?

Fehro, boss hows VIX look? Is it expiry of option today?

Weekly VIX got some room still to the upside.. if it wants it.

[Cobra]

mini rebound target. exceeds it then probably low was in for today.

[Shaishen]

mini rebound target. exceeds it then probably low was in for today.

and we have Bullard still taking for 20 minutes - he could trigger the algo buy button

--

[marcueus]

We need to close arround 2025 or we will go into hells pit

[Al_Dente]

Media headlines blame China:
“Stocks post worst week of 2015 after China data”
China reported “factory activity at almost 6-1/2-year low”
Reuters

[Trades with cats]

Small Cap futures testing the days high while ES is stopped by the S1 pivot, for now. ES VWAP is 10 points higher and that has to be a very attractive target.