oops
Long

VIX - Release Me !

INDEX:SPX   S&P 500 Index
263 3 0
It is one of these times, where the great rally (due to another QE             of many) doesn't seem to stop

or does it ?

SPX             seems to be trapped in a rising wedge with accompanied negative divergence.
It may run out here right now with the break of the up trendline, it may make another new temporary high,
nevertheless , the air gets thinner... nearly as Felix Baumgartner's attempt today, but his flight into very thin air was stopped due to high wind.

The RSI after having not responded with a higher high on the latest S&P             price move, seems to have broken its own trendline to the downside.

Well, I am not only short S&P             , but also long VIX             ... Volatility is very cheap here and a correction is imminent... which usually after this very nice broad rally in global markets will be mirrored with higher (spiking ?) vola.
oops
4 years ago
the heat is on...at last
Reply
oops
4 years ago
VIX: not really happy with the movement, was expecting a spike... it has rallied though, I am still long

S&P500 : still short , market has reached 38% retracement (1395) and also knifed through the 100d SMA (1402).
I will cover the short at 1388, which was my original target and coincides with the 200d SMA.

Reply
oops
4 years ago
I m done with covering the S&P shorts, good move after all

Little dissapointed with my longs in VIX, profitable, but not as expected ...but if the vola didn't spike now, when would it ?

Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out