It started cracking today and I see a good chance that it will drop big tomorrow................
VIX Tower Is Cracking
Started by
redfoliage2
, Mar 19 2020 01:18 PM
10 replies to this topic
#2
K Wave
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Posted 19 March 2020 - 01:25 PM
I think a 15 min close under 70 might just break it wide open...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#3
K Wave
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Posted 19 March 2020 - 01:35 PM
UVXY crackin'
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#4
K Wave
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Posted 19 March 2020 - 01:53 PM
TVIX down $420 from the 1K panic moment
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#5
K Wave
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Posted 19 March 2020 - 02:01 PM
Maybe one last shakeout that does not take out the lows before launch?
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#6
redfoliage2
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Posted 19 March 2020 - 02:05 PM
I'm shorting VIX via options with IT time frames ............
#7
redfoliage2
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Posted 19 March 2020 - 02:40 PM
Normally they will gap up on this kind of OpEx Friday, but let's see .....................
Edited by redfoliage2, 19 March 2020 - 02:42 PM.
#8
redfoliage2
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Posted 19 March 2020 - 03:19 PM
The selling in the late afternoon just indicates that the bears are still in control .....................
Edited by redfoliage2, 19 March 2020 - 03:19 PM.
#9
redfoliage2
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Posted 20 March 2020 - 10:49 AM
As I said yesterday VIX dropped more than 10% today, it's telling something................
#10
diogenes227
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Posted 20 March 2020 - 11:11 AM
It's telling the momentum high may be in place but that does not a market bottom make. As the bear continues, it's going to take a lot of time to work that momentum off. Which may explain why the VIX trading products are not producing much yet.
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