We have Daily Golden cross getting close off being a reality, but we got the same situation a while a go more than one time and the G.Cross bailed out and neve happened. Will it be different this time around we shall see.
Buy calls Vix will drop after opening bell and the market will be green by next week again
samitrading
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@DarioRuff, How would you be so certain of this buddy, is there something out there i am missing !
RotanimreT
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@samitrading, I think his opinion is based on the technical analysis, I agree with him as well,from the technical stand point there is a good (not 100% )chance that the next week we might see market getting back to green. Just do TA yourself to see.
samitrading
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@RotanimreT, Would you share you thoughts on a chart so we can see the analysis, triggers or signals for that.
RotanimreT
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@samitrading, I have posted chart myself ,please take a look and better yet add the indicators listed on my chart (skip the ATR, that one is not needed) and run a back test -look at the divergences. At this moment DMI combined with RSI and CCI are showing bullish divergency (RSI actually overbought), but STOCH RSI is started to show weakness. CLICK ON THE CHART TO EXPAND . Monday it will probably continue to move up and possibly start to move down towards mid of the week. Only few days to find out how it is going to play out .Thanks for your time.
samitrading
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@RotanimreT, Hey buddy looking great, just a piece of art keep up the good work and keep them coming :-).