19 replies to this topic

[Mr Dev]

ill just focus on the RUT today as thats my trade..which made the transition from buy to sell as i suspected it might right near the 1040 -1045 time period. now we have the first VST SELL of the Day.

[Mr Dev]

VIX confirming the move

[Mr Dev]

Vix being forced down to 13.3 again same as yesterday ...as they push the VIX to the lows of the day in order to support the markets. the market managers/manipulators have been controlling the VIX as part of their market stability program for a number of years now . meaning they allow to move up only so far.. ..so they can force it back down to support the markets. although weve seen this more recently ..ive been saying its not healthy for the markets to decline with a declining VIX. back in the day it used to work where i actually used a daily signal of the two.. for a market close and Vix close down .. the two negatives equals a positive following day and visa versa the two positives meaning VIX and market close equaled a negative following day. that and other signals ...such as the MC O minimum or unchanged on the day ...havent worked well in years

Edited by Mr Dev, 06 May 2014 - 11:53 AM.

[Mr Dev]

its easy to imagine how fast markets would sell down in a reaction... if we had the VIX shooting higher here every other day. eventually .... it will trade more freely again .

Edited by Mr Dev, 06 May 2014 - 11:57 AM.

[Mr Dev]

MORE WEAKNESS COMING TODAY !!!!

[Mr Dev]

QQQ BREAKING DOWN THRU THE april 15th low trendline...not on price yet but an earlier trendline drawn on the Key MAs that turned up april 15th thru april 29th bounce. that is being breached on my screen.

[Mr Dev]

NEW LOD price action..... ill post that CHART of the trendline break on the QQQ later...when my PCs are not so busy.

Edited by Mr Dev, 06 May 2014 - 12:46 PM.

[Mr Dev]

index markets moved into a lil oversold area. the trade is very profitable with RUT down -1.3% and NDX -1.0% if one wants to take some profits to send a lil bit back into your trading bank.

Edited by Mr Dev, 06 May 2014 - 12:53 PM.

[Mr Dev]

ALL US markets making NEW LOD here and showing signs of MORE WEAKNESS to COME

Edited by Mr Dev, 06 May 2014 - 01:05 PM.

[Mr Dev]

Small positive divergence ...starting to develop so taking a little bit more off in here is always a profitable move...or you can wait till the next buy signal ...or at the close of the day if youre not just taking intra- day trades.

Edited by Mr Dev, 06 May 2014 - 01:16 PM.