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JakubKonieczny
Oct 7, 2019 2:39 AM

Vix analogy 

VOLATILITY S&P 500TVC

Description

Short term spike in vix while spx corrects and then going towards 12 again.
Comments
CodedFlow
Why back to 12 ?
JakubKonieczny
@LoLBeach, b/c market will go to ath during earnings in october
CodedFlow
@JakubKonieczny, the macro fx events are showing a very unstable global economy...
JakubKonieczny
@LoLBeach, market is counting on a rate cut, some progress to a deal and you have earings. i think retest of 2880s is a buy. Beyond October I don't know. End of October, especially if above 3000 spx is a sell in my book.
CodedFlow
@JakubKonieczny,
+ US did everything to break the China negotiations based on principles.
CodedFlow
@JakubKonieczny, All Powell said that Fed will not obey any orders and is independent. On top of that he considers that there is no reason for the expansion not to continue... i think we are in a pickle.
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