Vix is getting ready to climb. Be fearful when others are greedy, I mean extremely greedy.
It might take few months to realise profits but patience is the key.
Downside can only be around 9 to 12 range but the upside is exponential.
CUANDO EL QQQ (ETF DEL NASDAQ 100) SE COMPORTA CON UN MISMO RANGO DE VOLATILIDAD ENTRE 5 A 7 JORNADAS, ANTICIPA GRAN AJUSTE DE PRECIOS INMEDIATAMENTE.
ESTO ES EVIDENTE CUANDO EL VXXB (ETF VIX) CAE MUCHO Y LOS PRECIOS DEL MERCADO NO AVANZAN DEMASIADO.
VXXB fitting very nicely into a possible reversal. S&P 500 will correct in the near future, the question is when. With the sentiment in the market, not sure how it can pass its all time highs which are approaching within the next couple days.
Added to my long around 28, if 28 breaks our last line of defense is 26.
Many bears are wondering when/if the sell will come, and while it's still unclear we'll re-test the 12/24/18 lows, a retracement to $SPX | $ES_F 2650-2750 would be healthy in order to continue moving beyond 2018 highs.
Looking at the $VXXB chart we can see similarities in price action, and in the RSI, to what we saw October->Dec 2018. If this theory holds, we can...