Shouldnt VIX be down like 5% now as a big gap down to confirm we have bottomed in this zone?
VIX is only down 1.85%
And we are in Chris Carolans 'dark days' today, Wednesday, Thurs and Friday and maybe monday too.
Posted 18 October 2022 - 08:38 AM
Shouldnt VIX be down like 5% now as a big gap down to confirm we have bottomed in this zone?
VIX is only down 1.85%
And we are in Chris Carolans 'dark days' today, Wednesday, Thurs and Friday and maybe monday too.
Posted 18 October 2022 - 08:41 AM
Now only down 1.5% wow !!!!!!
Shouldnt VIX be down like 5% now as a big gap down to confirm we have bottomed in this zone?
VIX is only down 1.85%
And we are in Chris Carolans 'dark days' today, Wednesday, Thurs and Friday and maybe monday too.
Posted 18 October 2022 - 10:28 AM
VIX is green on the day so far !!!
Dark days approvaching fast
Oil down 5% wow !
Edited by tradesurfer, 18 October 2022 - 10:31 AM.
Posted 18 October 2022 - 01:02 PM
At 2:00 Eastern I have it down 1.94% I would like to see a bit more, but the trend on this sure looks to have turned. The close is more important than the intra-day, too.
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Posted 18 October 2022 - 02:16 PM
I also show VIX momo turning positive ( or I guess negative :-) ) ..here' simple signal I use part of my Volatility model .
Overall model shows we are 'trying' to make an IT low ..but the setup is not good and I expect a failed attempt over this and next week though
i'd like to be wrong and we get a big bounce.
Can't seem to get this image to show ....but here is link.
https://mark_davidson1-yahoo.tinytake.com/msc/NzQ3MjI2M18yMDM4NzkzNg
Posted 18 October 2022 - 03:40 PM
VIX MACD closed at the line I expected resistance here
Posted 19 October 2022 - 05:21 PM
I also show VIX momo turning positive ( or I guess negative :-) ) ..here' simple signal I use part of my Volatility model .
Overall model shows we are 'trying' to make an IT low ..but the setup is not good and I expect a failed attempt over this and next week though
i'd like to be wrong and we get a big bounce.
Can't seem to get this image to show ....but here is link.
https://mark_davidson1-yahoo.tinytake.com/msc/NzQ3MjI2M18yMDM4NzkzNg
IF that turn back up does not mainfest...crashes happen on violation of support that no one thinks can be Broken...AKA last Thursday low.
If we are below that low from here forward going into the weekend....sure would line up with the Dark Days....woo woo
Anyway, if this overnight action on TSLA sticks, and breaks below the lows tomorrow..be very careful going into the weekend.
Edited by K Wave, 19 October 2022 - 05:26 PM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Posted 19 October 2022 - 05:46 PM
I also show VIX momo turning positive ( or I guess negative :-) ) ..here' simple signal I use part of my Volatility model .
Overall model shows we are 'trying' to make an IT low ..but the setup is not good and I expect a failed attempt over this and next week though
i'd like to be wrong and we get a big bounce.
Can't seem to get this image to show ....but here is link.
https://mark_davidson1-yahoo.tinytake.com/msc/NzQ3MjI2M18yMDM4NzkzNg
IF that turn back up does not mainfest...crashes happen on violation of support that no one thinks can be Broken...AKA last Thursday low.
If we are below that low from here forward going into the weekend....sure would line up with the Dark Days....woo woo
Anyway, if this overnight action on TSLA sticks, and breaks below the lows tomorrow..be very careful going into the weekend.
Yes Kwave - a failure of the current low on historical backtest of my model, would give a pattern setup only seen approximately 4 times in 100 years, and was extremely bearish longer term in those cases.
A failure would likely not be immediate though, and take a few weeks with multiple attempts to hold this Key 3400-3500 pivot. Essentially that setup without going into all the conditions is a 'failure to make an
IT low' at this point in a bear market. My model is giving very high odds that will be the case here as said over next week or so but i'd expect more attempts to hold that pivot if/when we retest it that is
part of the pattern setup.
Edited by EntropyModel, 19 October 2022 - 05:47 PM.
Posted 19 October 2022 - 08:38 PM