huylam, i don't like the looks of the $NYSI chart as it is
getting near the top and the rsi(5) and cci are showing neg div
now...i'm talking about the weekly chart in the long term tools
using the slow stochastics behind the price of weekly chart...maybe
steve or matt could give his opinion on this also as he knows alot
more than me aobut this...thanks in advance steve...matt
Oh I hear ya. I am not using just the $VIX buy signal if I even
go long at all. I might try a quick tried. But I am like 90% cash
and will short this bounce. Overall I am super-duper cautious.
Thanks for your thoughts though.
Here's my 2 cents. I am gonna see what happens around this
trendline and the 130EMA (5day) on this 15min and if it closes the
gap. And wait for a trendline break to the downside (not drawn)
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
$vix buy signal...steve...matt
$VIX Buy Signal ?
Posted by 8899 on 26th of Sep 2011 at 12:58 pm
huylam, i don't like the looks of the $NYSI chart as it is getting near the top and the rsi(5) and cci are showing neg div now...i'm talking about the weekly chart in the long term tools using the slow stochastics behind the price of weekly chart...maybe steve or matt could give his opinion on this also as he knows alot more than me aobut this...thanks in advance steve...matt
Oh I hear ya. I
Posted by huylam on 26th of Sep 2011 at 01:06 pm
Oh I hear ya. I am not using just the $VIX buy signal if I even go long at all. I might try a quick tried. But I am like 90% cash and will short this bounce. Overall I am super-duper cautious. Thanks for your thoughts though.
Huylam, what are your thoughts
Posted by kalinm on 26th of Sep 2011 at 01:07 pm
Huylam, what are your thoughts on targets for the bounce?
Here's my 2 cents. I
Posted by huylam on 26th of Sep 2011 at 01:18 pm
Here's my 2 cents. I am gonna see what happens around this trendline and the 130EMA (5day) on this 15min and if it closes the gap. And wait for a trendline break to the downside (not drawn)