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SPX 2925 next target -- vulnerable market faces seasonally bearish August


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#21 robo

robo

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Posted 02 August 2019 - 01:11 PM

 

NUGT still my best VST trade.....  VXF now under the 50 DMA....   Looking to buy XES again...  Made a quick 10% on the last trade..... Not many options for trading at Vanguard these days....  However, the indexes I use are free....well, for now they are.... NO shorting!

 

https://stockcharts....590&a=679818025

 

not trading VXX? 

 

It's moving fast but great daytrades

 

Not doing much trading today..... I bought some XES @ $8.25 is about it for today..... and trading some TZA ( small position)  XES is on my chart and we are BT the $8.285 marker.... Waiting to see how that plays out...  Maybe over 10% a few days ago on that trade at Vanguard....  The trades are free.... I BTFD and STFR

 

Jeff Clark's Market Minute Be Prepared for a Buy Signal

The stock market has done a great job of reminding traders that low levels of volatility are ALWAYS followed by high levels of volatility, and vice versa.

We got the “higher levels of volatility” this week. And for next week, it looks like we’re set up to get a little “vice versa.” 

Take a look at this updated chart of the Volatility Index (VIX)

20190802-MM-01b.png

The VIX is on the verge of generating a new, short-term broad stock market buy signal. VIX buy signals occur after the index closes above its upper Bollinger Band, and then closes back inside the bands.

The VIX has closed above its upper Bollinger Band for two straight days. And, if the VIX closes lower at all today, it is likely to close back inside the bands – and generate a new, broad stock market buy signal.

Over the past year, the VIX has generated four other buy signals. They’re circled in blue on the chart above. 

 

https://www.jeffclar...r-a-buy-signal/


Edited by robo, 02 August 2019 - 01:18 PM.

“There is only one side to the stock market; and it is not the bull side or the bear side, but the right side”   Jesse L. Livermore