Post-market, Tuesday, June 8, 2021
Good afternoon traders!
Here is the recap of the market for this afternoon:
20 Days trend: Up, very strong and getting stronger.
VIX: 17.07. The movement of the VIX is contrary to the movement of the market. This ussually meand the market is showing us something that is not true, but in this case, IMO, VIX will turn around to follow the market.
Market:
The Market did another tour of the VA during the day, staying in place. At this point is hard to tell what is the most likley movement of the market next, since the VIX is raising, but I still belive there is a good chance this market will go higher.
For the moment, I'll remain neutral.
Here is the recap of the market for this afternoon:
20 Days trend: Up, very strong and getting stronger.
VIX: 17.07. The movement of the VIX is contrary to the movement of the market. This ussually meand the market is showing us something that is not true, but in this case, IMO, VIX will turn around to follow the market.
Market:
The Market did another tour of the VA during the day, staying in place. At this point is hard to tell what is the most likley movement of the market next, since the VIX is raising, but I still belive there is a good chance this market will go higher.
For the moment, I'll remain neutral.
Comment:
Not nuch to say here, the market went high within the VA again. Still waitning for the push for 2250.