VIX is going up from here as fewer and fewer are willing to buy calls at this toppy place. Personally I think it's a waste of money to buy calls for the coming weeks as the market IT topped.
Edited by redfoliage2, 07 February 2017 - 01:17 PM.
Posted 07 February 2017 - 01:13 PM
VIX is going up from here as fewer and fewer are willing to buy calls at this toppy place. Personally I think it's a waste of money to buy calls for the coming weeks as the market IT topped.
Edited by redfoliage2, 07 February 2017 - 01:17 PM.
Posted 07 February 2017 - 02:39 PM
Today the first time in quite a while the cash market refused the index futures guidance (manipulations). This by itself is a clear signal for the weeks to come.............
Edited by redfoliage2, 07 February 2017 - 02:41 PM.
Posted 07 February 2017 - 02:44 PM
Update
The signal is still in Neutral mode but started turning toward Bearish side...........
Posted 07 February 2017 - 02:51 PM
the signal is a solid, green GO
as in go long
last hour going north in a hurry
Posted 07 February 2017 - 03:09 PM
wash, rinse, repeat
bears short the open "hoping" for the big one(which will NEVER come)
hold all day
cover the final hour another LOSING trade
Posted 07 February 2017 - 03:55 PM
Update
The signal now is Bearish mode.
Posted 07 February 2017 - 04:22 PM
"Another losing trade", I think I'm banking 90% wins whenever I trade against your loud mouth GO,,,,,, market closed barely up bahahahaha!!
Edited by 12SPX, 07 February 2017 - 04:22 PM.
Posted 07 February 2017 - 10:10 PM
The signal closed the day in bearish mode and I'm looking for a gap down tomorrow.