...the VIX still has relevance.
Yes, but not the way it used to as correlated to the SP directly was my point. Just my distant observation.
...the VIX still has relevance.
But there was, everybody thought the vaccine would end COVID on a dime and so hurt big tech's relentless growth... then new outbreaks, in spite of vaccinations, put an end to that line of thought plus, of course, there are the mindless dip buyers mentioned above. A tax that proposes to take 30% of your profits while saying "tough luck" on the losses is a big deal that would make anyone think twice about taking on risk, that's anyone except the mindless dip buyers, plus it quickly became evident that Biden wouldn't get his way, at least not the in the magnitude he announced.There was no justification for the NDX to start collapsing into a correction in February, but it did! And there was no justification for the markets to collapse for a day, the week before last when Biden mentioned his cap. gain. tax increase, but it did!
My method of exchanging throughout the previous 6 years is to examine value developments applicable to world occasions for the afternoon, I at that point contrast the evenness with 1-day diagrams to anticipate the following meeting's objectives for passage and exit. Generally, my orders are set before the meeting and stay un-change except if new factors are presented. In basic terms, essentials set whether I will enter yearns or shorts, swings, in conclusion, give me the passage plunges or revitalizes, and t/p levels are controlled by evenness. Positions are kept until the goal is reached or until the basics change.
Hi could someone please assist me with some questions . I am looking to trade the spi200 contract and would like to examine the difference between cash prices and future prices on that contract . Having access to a chart that displays cash prices is an important for my calculations so I would assume that maybe some trading platforms would provide live tick data 5 mins through to daily would be sufficient alongside the futures price as well . Having a look at barcharts the spi200 high on the 19th April 2021 was 7075 and the low for the 21st April 2021 was 6873 for the 21st June contract . was wondering what the different prices for these dates would be on a cash chart . also is the cash contract pretty illiquid and difficult to trade compared to the futures contract . thanks grant
On Fri, wait and see was the correct strategy. Today took profit on the Shorts and currently I am neutral. I expect another leg down but might not happen yet as the back of the mindless dip buyers hasn't been broken yet, the professionals are not yet fully in charge, when they will be, most of 2021 gains should evaporate, for now, again wait and see. It's been said about the markets so far this year: any monkey can make money in these markets, the only ones that don't are not monkeys. What is causing me some headache now is that the correlation between equities and the $ seems to have broken, I was hedging with the $ and now got stuck with some hedges that aren't working.Are you still net short U.S. markets?