June 3rd: LL VVIX
June 5th: Small Buy VVIX , LL UVXY / VIX / VXN (4 x LL, 1 x SB )
June 9th: SB VXN , Large Buy VVIX , SB VIX (4 x LL, 2 x SB , 1 x LB - enough signals at all levels, possible entry confirm)
June 10th: SB UVXY (add'l confirm)
June 11th: LB UVXY (your money is probably good)
June 12th: HH UVXY / VXN / VVIX
June 13th: HH VIX
What we got now indicates that we're not going to see any spike in the next few days (at least aside from our Buy Entry Window for UVXY but that Small Sell kinda ruins it). If we keep an eye and collect enough signals though it could give us everything we need to jump in right before a spike.
Strong/Entry Confirm: SB
Strongest/Entry Confirm: LB
Keep in mind any Small or Large Sell in between would cancel out the previous Buys.
I'll keep you guys posted! B)
Shoutout to @itsallsotiresome for the VVIX and VXN education and @avacamir for the indicators.
Such as sad state of affairs that there is no price discovered what so ever.
I'm inclined to believe this market continues to do what it has done in the recent past, bull doze the shorts and trend up high and even higher.
At this point, price is a just a number.
Maybe once the SPX enters the stratosphere like gold there may be consequences but for now it seems like the sky is the limit.
In the meantime might as well dial in a volatility model and try to nail the next spike B).