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ST Bearish, VIX RSI buy (end near for the BULL?)


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#11 dTraderB

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Posted 18 April 2018 - 08:51 AM

S&P up, VIX &VXX up

 

So, after deflating it from Friday to late Tuesday, they are now tacking on for the next squeeze later this week or next week, or even later today



#12 cycletimer

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Posted 18 April 2018 - 09:26 AM

The squeeze has taken place over past two trading days. We are in a short term, overbought position and it needs this pause here. The next news catalyst will most likely be negative ( but still very short term with no long term Implications) which limbs up with negative cycles heading into next week. Don’t be surprised if we get a sharp, scary sell-off of 3-4% into April 25-27th time frame. I purchased TZA at 10.54 this morning along with $RUT 1570 puts and $SPx 2705 puts, both for May expiration. I’m hoping to exit prior to end of week as next week ill be on vacation. Nothing like a trade taking your mind off your annual vacation!

#13 OEXCHAOS

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Posted 18 April 2018 - 02:13 PM

NYAD is already above the March highs, price will follow. 

 

Cumulative A/D Volume is right on it's heels too.

 

That's not the sign of the end of the Bull.

 

M


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#14 CLK

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Posted 18 April 2018 - 02:20 PM

 

NYAD is already above the March highs, price will follow. 

 

Cumulative A/D Volume is right on it's heels too.

 

That's not the sign of the end of the Bull.

 

M

 

 

 

Good point, usually lags more than that.



#15 dTraderB

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Posted 18 April 2018 - 02:45 PM

what an exciting day! 

SNOOZE day

Slowest day since..... who knows?

 

Haven't looked at the ATR but this must be one of the smallest range for a few months



#16 CLK

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Posted 18 April 2018 - 03:00 PM

Hourly ATR 8.7, lowest since January.