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Here's Your Take-away


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#1 OEXCHAOS

OEXCHAOS

    Mark S. Young

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Posted 08 August 2019 - 11:55 AM

In a Bull Market, when the market falls precipitously and the Relative VIX shoots north of 1.25 or better 1.30, you'd better not be too Bearish and if you're an investor or IT trader, you'd better be getting some exposure.

 

NAAIM and AAII both confirm this, as did my "Secret Hedge Fund" indicator, which gave a Buy going right into the low.

https://www.traders-...e-relative-vix/

 

In today's world, a high VIX is serious motive to drive a rally.

 

https://www.traders-...e-relative-vix/

 


Mark S Young
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#2 LMF

LMF

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Posted 08 August 2019 - 03:34 PM

TQQQ spent 2 sessions completely below the daily bollinger band Aug 5, 6. New ATHs will not be a surprise from here.....