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| johnpaulca 12,036 posts msg #120038 - Remove message |
5/23/2014 3:36:04 PM VIX....now 11.40...doesn't mean squat, you can see fund managers still buying. |
| guspenskiy13 976 posts msg #120039 - Remove message |
5/23/2014 3:42:05 PM
I was biased because of this mostly....when it crosses zero it always picks the reversal...but not today.... It looks like VXX/SPY on short time frame just didn't work today....Idk... |
| guspenskiy13 976 posts msg #120040 - Remove message |
5/23/2014 3:43:38 PM Just going to put it in trash now. lol |
| johnpaulca 12,036 posts msg #120042 - Remove message |
5/23/2014 4:14:49 PM your chart is correct, your interpretation not so correct. What you're seeing is a pullback within a longer time frame. Say you use a 4-min chart for trending then you would switch to 1-min for pullbacks. |
| Eman93 4,750 posts msg #120048 - Remove message |
5/24/2014 7:37:33 AM I find the VIX valuable if it break support or resistance also on 10min not bad with the ma  |
| guspenskiy13 976 posts msg #120059 - Remove message |
5/25/2014 12:20:26 PM It seems like we are set up for a sell-off on Monday. |
| johnpaulca 12,036 posts msg #120060 - Remove message modified |
5/25/2014 1:04:21 PM how so??? aren't markets closed this Monday? |
| guspenskiy13 976 posts msg #120062 - Remove message |
5/25/2014 3:18:35 PM lol. I meant Tuesday of course. Looking at TNA, it's out of 60 linear. I am looking for $66 target at least. |
| guspenskiy13 976 posts msg #120063 - Remove message modified |
5/25/2014 4:52:50 PM |
| guspenskiy13 976 posts msg #120067 - Remove message |
5/25/2014 7:42:05 PM just found it "5/23/2014 12:49:34 PM everyone is seeing the same double top this is why we will blow through or reverse before getting there. Trend is still intact with no sign of weakness, maybe sucky volume. With so many people trying to pick a top I can see this grinding much higher...forget the useless VIX readings...imho." JP. Killer call, respect! |
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