Market is going higher

[fan27]

They could barely even push SPY below the 50 day SMA. Nice move up and consolidation on the hourly ending with a nice big up candle. Market is going to rip higher. Shorts....assume the position...bend over and grab your ankles. This is going to be painful for you.

Daily

Hourly

 

[themickey]

They could barely even push SPY below the 50 day SMA. Nice move up and consolidation on the hourly ending with a nice big up candle. Market is going to rip higher. Shorts....assume the position...bend over and grab your ankles. This is going to be painful for you.

Daily

View attachment 273082

Hourly

View attachment 273083

Yippee!

 

[comagnum]

Check out how symmetrical the VIX spikes have been, will the next one line upon Feb 1?

 

[fan27]

Check out how symmetrical the VIX spikes have been, will the next one line upon Feb 1?


View attachment 273087

Damn...ALL IN ALERT!!

 

[KCalhoun]

Check out how symmetrical the VIX spikes have been, will the next one line upon Feb 1?


View attachment 273087

A bit earlier.... I made $ selling into the recent spike. Rebought UVXY Friday aftermarket near 15.. I trade UVXY often, when it rips it's great.

 

[Overnight]

Check out how symmetrical the VIX spikes have been, will the next one line upon Feb 1?


View attachment 273087

Can you post a larger time frame on that chart? Say a 3Y?

 

[easymon1]

View attachment 272773

You may be right.
As O'Brien says "If they can't knock the bottom out of it, they'll go try to knock the top out of it." Kramer's ready.

 

[Relentless]

Ok RickshawMan Jr.

Sell signal!

 

[fan27]

Ok RickshawMan Jr.

Sell signal!

Sell me some...will gladly take them.

 

[nooby_mcnoob]

I've seen this before in the last year where some names carry the index while the rest of the market undergoes a correction. Eventually they synchronize. Last time (obviously) the rest of the market went bullish. This time? I dunno, probably bullish. Same situation.