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Buying Dips?


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#21 redfoliage2

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Posted 17 July 2024 - 08:21 AM

Let's see how low they want to push today ............................

 

 

VIX spiking up now .........................

SPX futures currently down nearly 60 points.  VIX sudden spike late afternoon yesterday predicted this bear attack ............................

 

Let's see how low they can push further today ............................


Edited by redfoliage2, 17 July 2024 - 08:27 AM.


#22 12SPX

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Posted 17 July 2024 - 08:25 AM

 

VIX spiking up now .........................

VIX late day spike up likely related to the VIX monthly OpEx tomorrow morning .....................

 

Your kidding right, it was up +.07 for the day, that's not a spike, a spike is like today and its not even really a spike.  The vix has been "forming" a bottom for a while now around 12 and should move up but its nowhere near spiking higher...



#23 redfoliage2

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Posted 17 July 2024 - 08:38 AM

 

 

VIX spiking up now .........................

VIX late day spike up likely related to the VIX monthly OpEx tomorrow morning .....................

 

Your kidding right, it was up +.07 for the day, that's not a spike, a spike is like today and its not even really a spike.  The vix has been "forming" a bottom for a while now around 12 and should move up but its nowhere near spiking higher...

 

It was a spike on my screen.  Obviously you and I are not looking on the same chart.....................



#24 redfoliage2

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Posted 17 July 2024 - 08:40 AM

Let's see how low they want to push today ............................

 

 

VIX spiking up now .........................

SPX futures currently down nearly 60 points.  VIX sudden spike late afternoon yesterday predicted this bear attack ............................

 

Let's see how low they can push further today ............................

I still think this is related to OpEx but in the name of something else as it appears in the media.  And again this dip is likely to be bought ...........................


Edited by redfoliage2, 17 July 2024 - 08:47 AM.


#25 12SPX

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Posted 17 July 2024 - 09:29 AM

I mentioned on Monday we'd likely see some selling as its expiration week even possibly a down week if you can believe it but true good odds of it being bought again lol!



#26 redfoliage2

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Posted 17 July 2024 - 12:36 PM

Deleted


Edited by redfoliage2, 17 July 2024 - 12:39 PM.


#27 redfoliage2

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Posted 17 July 2024 - 12:40 PM

 

Let's see how low they want to push today ............................

 

 

VIX spiking up now .........................

SPX futures currently down nearly 60 points.  VIX sudden spike late afternoon yesterday predicted this bear attack ............................

 

Let's see how low they can push further today ............................

I still think this is related to OpEx but in the name of something else as it appears in the media.  And again this dip is likely to be bought ...........................

 

Wow!  What a purge on call holders today................................



#28 redfoliage2

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Posted 17 July 2024 - 01:07 PM

 

 

Let's see how low they want to push today ............................

 

 

VIX spiking up now .........................

SPX futures currently down nearly 60 points.  VIX sudden spike late afternoon yesterday predicted this bear attack ............................

 

Let's see how low they can push further today ............................

I still think this is related to OpEx but in the name of something else as it appears in the media.  And again this dip is likely to be bought ...........................

 

Wow!  What a purge on call holders today................................

 

Believe or not, as soon as they have done this with call holders they will come to get put holders ................................


Edited by redfoliage2, 17 July 2024 - 01:07 PM.


#29 redfoliage2

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Posted 17 July 2024 - 01:30 PM

BTW, albeit the volatile moves with this OpEx I see nothing is likely to change in the main backdrop for this bull market ...........................


Edited by redfoliage2, 17 July 2024 - 01:35 PM.


#30 redfoliage2

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Posted 17 July 2024 - 02:55 PM

A trend day, typical of OpEx move ..........................


Edited by redfoliage2, 17 July 2024 - 03:00 PM.