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Wouldn't it be perverse?


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#1 OEXCHAOS

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    Mark S. Young

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Posted 23 March 2018 - 08:41 AM

Wouldn't it be perverse if we made the low in GLOBEX?

 

The price action is consistent.

 

The Relative VIX is consistent.

 

RelVIX03-22 -18.gif

 

The "Secret Hedge Fund" is consistent.

 

Chances are, we have more backing and filling with even bigger intra-day swings, but, it's also entirely possible that the market will fool everyone until it's already up a few percent. 

 

Mark


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#2 SemiBizz

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Posted 23 March 2018 - 09:04 AM

I wouldn't say perverse, I would say STANDARD...

 

Think back to November 2016...

 

They ever test that Globex Low?

 

answer: not yet.


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#3 dTraderB

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Posted 23 March 2018 - 09:30 AM

Hourlies on ESM and NQM are solidly up. 

Still, I would not rule out a retest of that GLOBEX low on a spike down.

Apparently, the Child in the WH has threatened to veto the Spending Bill