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Options Oscillator Sell, Fully Long/Fully Short Sell, VIX P/C Buy.


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#1 OEXCHAOS

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Posted 31 May 2018 - 02:41 PM

I expected weakness, but I suspected that they'd bring it back late in the day. So far, so good.

 

From the morning letter: "This morning, we have a Fully Long/Fully Short Sell. When paired with an Options Oscillator Sell, those signals tend to play out, nearly immediately. I have to say that the weight of the evidence is for near-term weakness. I'm not particularly Bearish, but a pullback--even though it might be intra-day-- seems likely."

 

M


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#2 Waver

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Posted 31 May 2018 - 05:04 PM

Wasn't the Fully Long/Fully Short Sell 4/2?  Doesn't that mean a Buy?



#3 OEXCHAOS

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Posted 31 May 2018 - 05:52 PM

Wasn't the Fully Long/Fully Short Sell 4/2?  Doesn't that mean a Buy?

 

Nope. 4/1 is a Buy. 4/2 is a Sell (and all the way up to just shy of 4/1). 


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#4 Waver

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Posted 31 May 2018 - 09:30 PM

Oh
Ok
Thanks!

#5 OEXCHAOS

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Posted 31 May 2018 - 10:02 PM

My thinking is that like everyone in this game, when we get leaning a bit too much in one direction, it's likely a fade. BUT, we're pretty competent, and when almost all of us see something compelling, well, shoot, it's compelling!

 

M


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