Loading ...Time Is Running Out
On Friday I said to keep an eye on the VIX. Why today with the markets euphoric over possible stimulus and the Presidents’ improved health, is the VIX up over a point and getting close to an upside breakout? Margin calls start today and continue for the rest of the month. I believe the smart money is selling into this rally. Time to get out and positioned for the coming volatility.
Markets looks prime to keep running.
This is stated as opinion, would prefer to hear why you have this opinion
Of course it is my opinion. Why was stated. The chart of the VIX says it is going higher. VIX is up while the market is screaming higher. Something has to give.
Nasdaq-price above all MA’s, MACD green & turning up, inverse H&S pattern could be in play with target to prior highs at least, middle of BB is holding-typically signals a move to the top of the BB, middle of weekly BB held/supported now moving higher, 3rd green week in row so far, unlimited funds being pumped into the market, etc. other that that looks bearish 😉
All bets would be off if we break under the right shoulder zone, but I’m not going to short anything here.
That’s one way to play it…
Don’t agree, I am a buyer whilst Biden is ahead in the polls.
Agree…
Plunger just realized you may have been asking the question of the first poster. Sorry if that was the case and I jumped the gun on my response.
Rambus is Long
and he is long the gold stocks which is very unsettling to me with my $xau:$gold ratio chart which SilverFox amazingly enhanced. I still cannot recreate your chart SF… Hint Hint
Larry Williams, Hadik, Armstrong et al are all looking for a decline in the markets into Oct 20-24th. I believe if I interpret Jeff’s SKI system correctly it is on a sell.
Armstrong apparently released a computer model to his subscribers today shown Markets to rally from now.