any thoughts, I know the vix isn't high enough but it seems like they are throwing in the towel. Let's see if we get a massive rally starting soon.
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feels like capitulation?
- Thread starter snowbird123
- Start date
definitely not controlled selling...
No way. VIX has to hit Aug or January levels which is around 37.
We are going down pretty orderly in the last several days looking at the technical levels in ES at the moment.
We are going down pretty orderly in the last several days looking at the technical levels in ES at the moment.
long q's at 42.07, I guess we'll see
Too early to go long.
This isn't capitulation.
capitulation is a blowout drop with everyone selling and no buyers to be found. This is just another string of down days as the market works it's way lower to test jan lows.
capitulation is a blowout drop with everyone selling and no buyers to be found. This is just another string of down days as the market works it's way lower to test jan lows.
capitulation may be experienced after Fridays employment report.
I guess my indicators were right for the time being, 44.50 next stop