I think we at least have a short term pullback, although I've
got stops on my shorts just above, in case the market decides to
take off. The VIX is at 15ish which is pretty low, and it's
also oversold on the Full Sto. I know the VXX can be a
terrible approximation but IMO it is a screaming buy on the 30 and
60 min with nice pos divergence on both.
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I think we at least
$SPX daily
Posted by pebs on 29th of Nov 2012 at 12:30 pm
I think we at least have a short term pullback, although I've got stops on my shorts just above, in case the market decides to take off. The VIX is at 15ish which is pretty low, and it's also oversold on the Full Sto. I know the VXX can be a terrible approximation but IMO it is a screaming buy on the 30 and 60 min with nice pos divergence on both.