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The Most Incredible Chart today portends more down tomorrow?


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#1 dTraderB

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Posted 05 February 2018 - 04:20 PM

And, it is a work in progress. 

VXX rose 11.02 in regular hours.

After hours, as we read this, VXX is up 13.05 in 19 minutes of trading after the close.

Note this can crash by 13 or more by the time  cash SPX/DOW market opens tomorrow. 

See here: 

https://www.cnbc.com...tes/?symbol=VXX



#2 OEXCHAOS

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Posted 05 February 2018 - 04:31 PM

Wow!


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#3 dTraderB

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Posted 05 February 2018 - 04:47 PM

VIX after hours jumped to 37.32 from 32.98



#4 Data

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Posted 05 February 2018 - 05:40 PM

XIV and SVXY are both down 70 points for the day.   One of the most crowded trades lost about 80 percent of its value in one day.



#5 tommyt

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Posted 06 February 2018 - 12:25 AM

"Note this can crash by 13 or more by the time  cash SPX/DOW market opens tomorrow."

 

When vol is this high, anything can happen. Extreme motivated selling in the VIX related products AFTER the bell...what we don't know is why. We will soon. Expect more wildness and sell some juice on this rich volatility.


Edited by tommyt, 06 February 2018 - 12:26 AM.