6 replies to this topic

[redfoliage2]

A boring day, but it's interesting to notice that VIX went down with SPX, so the market is more likely going up tomorrow......................

[tradesurfer]

2 to 3% down today as compared to 30% + up the previous day

[redfoliage2]

After the consolidation in the past few days SPX now is above the ST resistance 3695.   Now SPX 3695 is likely to become the ST support.  As long as it stays above 3695 we should see SPX 3740 before EOY .................

Edited by redfoliage2, 23 December 2020 - 10:00 AM.

[redfoliage2]

It must be Powell wearing a red hat and riding in a one horse open sleigh ....................

Edited by redfoliage2, 23 December 2020 - 10:08 AM.

[gm_general]

VIX lately looks like a dumpster fire of random nonsense. Also the indices remain de-synched drastically as if we were in expiration week still.

[redfoliage2]

VIX is likely to drop to 21 by the close tomorrow ....................

Edited by redfoliage2, 23 December 2020 - 11:03 AM.

[salam]

22 so far. 6% drop as expected...with SP vacillating at resistance.