Just an idiot that draws lines
Just some lines drawn out on the vix divergence looks plain as day to me. Looking like failure is brewing should be easy to get out of the trades either way. I will try to do a spy reference but in my chart I have spy hitting the top today and could possibly go one or two days more of stagnation around 417 - 418. All bets off if spy crosses 420 in the next day or two. Looking for spy around 350 at the low but that is just my guess. Time frame 1 - 2 weeks of really bad days.
Just some lines drawn out on the vix divergence looks plain as day to me. Looking like failure is brewing should be easy to get out of the trades either way. I will try to do a spy reference but in my chart I have spy hitting the top today and could possibly go one or two days more of stagnation around 417 - 418. All bets off if spy crosses 420 in the next day or two. Looking for spy around 350 at the low but that is just my guess. Time frame 1 - 2 weeks of really bad days.