VIX Sub 50 drop

Every call that start with "We seem due" is probably a high probability call.

I'm out for the day with a 108 YM points gain on the last trade, bye.
 
Quote from stock_trad3r:

We seem due for a solid 2:00-2:30 rally. Selling volume is very light. Feel free to fade me.

Buying volume on the run up has been light too so I don't know what your getting at, so it's like when it's going up then it's natural market forces pushing it up but when it's going down you have all the excuse in the world.
 
Bush now considering BK on Auto
The market sells every time without fail on this. This time it may be different, Bernake has thrown the sink at it, but the market does not like autos going out. We could lose 300 on Dow today

I am beginning to really like technicals, but this weighs on the market too much.
 
My levels probably are not perfect, but .. s1 is broken through pretty hard on the spx and vix has recovered about 2 and change. The vix could end flat and we could break s2 on spx.
 
Back
Top