I am still short DIA (given the 8MA hasn't been breached).  Looking at VXD, it looks like it may close outside the lower bollinger band.  If it closes out that band, is it accurate to say it would go short again once it closes inside that band?

This article is 12 years old but still holds true.  PALL is usually a canary in the coal mine.  It's recently diverged from QQQ.  Could be an indicator that tech is topping.

https://allstarcharts.com/bartelloni-watch-palladium-and-nasdaq-correlation/

Don't forget, the KISS/STS system for GLD flashed Long on Friday.

If I am tracking correctly, this means we can potentially short the SPY once the VIX closes back inside the lower BB.  Correct?

I went with the 0.64 deltas this round but I'll keep that in mind in the next round so a little less upside but ok with that in the beta stage.

Ya, that may be it.  I'll keep an eye on the board for future triggers and compare notes.

I examined the attached chart as well and it wasn't popping there either.  It looks like it may be on the MA but not sure.  Here is the chart I was staring at.  I like to study what Matt/Steve tell us so I can be a good student.

I've studied the recent posts on the board searching for " vix systems" as my search term to educate myself.

For the VIX instruments posted here, I've used the following Bollinger Band settings: Length: 22, Long Dev: 2.8, Short Dev -2.2.  For the parent company / index, I am measuring the 9 SMA.  I also acknowledge the deviation on the close times and the need to use 1440 minute charts as a result.

The basic rule seems to be to short when the respective volatility index closes back within the lower band OR buy when it closes back inside the top band and you close the trade when the parent instrument closes below or above the 9EMA.

I am looking at the long trigger on GOOGL on 5/31 and it's always been inside its upper bollinger band.  Why did this trigger long then? 

I must have missed something and look forward to your help on what I am missing.  Thanks!

Thanks.  I am going to dip my toe into DIA given I have a long on SPY from the other system.

$3500 no thanks.

Would options about 2-3 weeks out and a delta of about 64 still be appropriate here?  What does the group think?

I am really looking forward to these trades.  Thanks so much Matt.

Steve, you read my mind.  I was getting ready to ask the community what their view is on Crude and you provided the perfect segway.  I saw this news early and think this news will give us an opportunity to short Crude.  The news out of China isn't great and I think you are going to see demand lessen from there and given the overall macro conditions I can't imagine demand is going up rest of world.  I think you will a news driven spike here but another wave down to about the mid 50s.

I really appreciate the followup and your very detailed insights.  I very much enjoyed this read.

https://open.substack.com/pub/basedmoney/p/pump-it-like-its-1999

This article explains why YTD stock prices have done decently in US markets (liquidity flows).

I wish I could curse, but want to reiterate what brophy said.  F*** ya.  There isn't a better service and community in the world than what we have here.  Thank you Matt and Steve.  

Thanks for the update!  Like you said, it was due.  Overall, the systems still kick ass and the key is managing the risk.  First loss in a long long time.

I am guessing the silence on this system and the overall bullish tone means this system stopped out.  I’ll close it out for a small overall loss in the AM.

Anywhere I can check this on my own?

Matt can you let us know what the stop is on the DVDS short system?  I know it was manually closed out weeks ago, but I let a small position ride and want to manage it if need be.

Ya, I have half my DVDS still open.  I follow systems to the letter of the law.