Jump to content



Photo

MARKET THOUGHTS


  • Please log in to reply
1 reply to this topic

#1 Mr Dev

Mr Dev

    Member

  • Traders-Talk User
  • 11,528 posts

Posted 20 May 2014 - 01:17 PM

its... now 2 oclock chart time ... and time to see what the FEDs has in store for its last push for the week. the VIX is now resting after a move up to 13.16 or +6.3 % now just off the HOD of 13.30 and with VST support at 13.14. remember this move up in context of an overall daily fulcrum low expected this week . any pressure to push the VIX down from here today into the close may only be temporary when looking out weeks ahead. the VST VIX signal is now on a sell fir the VIX .....but again its a VST signal . :bowtie:

Edited by Mr Dev, 20 May 2014 - 01:22 PM.


.. .. ..
Mr Dev

......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!

#2 Mr Dev

Mr Dev

    Member

  • Traders-Talk User
  • 11,528 posts

Posted 20 May 2014 - 02:02 PM

the technical VST VIX support price of 13.14 has been holding a very long time.... showing us how valid and cogent its is but we may see a break there soon .. where we would look to the earlier VST VIX sell signal price of 12.75...which was broken by the last VIX VST buy signal that came up off the LOD with a positive divergence@ around 12.40 price. so i wouldnt worry about a VIX pullback until 12.80 the next support level is broken...even though the VIX VST is on a sell. remember its VST not daily. as ive said recently we are seeing something for everyone to trade.

Edited by Mr Dev, 20 May 2014 - 02:11 PM.


.. .. ..
Mr Dev

......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!