Could you please define "soon". Also Matt - if you see
S&P500 getting to 2200 where would you see $VIX. Can
S&P move up happen on relatively flat $VIX ?
mulisko..my advice is to trade/manage what's in front of you
versus prognostications. Simply put, adhere to your plan by
trailing up stops on existing longs. Your plan should coincide with
your objectives and risk tolerance. As always, we will adjust
to the message of the market. These comments apply to swing
positions or trades.
Yeah I can't speculate on what where the VIX would be, right now
is had a nice pop out of that 60 min wedge, has a hgher low in for
now, that either holds if the market doesn't ramp to new highs, or
if the market does ramp then the VIX will work lower to a new low.
why does that matter about the VIX, are you trading it?
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Could you please define "soon".
Choppiness Index and VIX level
Posted by mulisko on 22nd of Jul 2016 at 01:30 pm
Could you please define "soon". Also Matt - if you see S&P500 getting to 2200 where would you see $VIX. Can S&P move up happen on relatively flat $VIX ?
mulisko..my advice is to trade/manage
Posted by steve on 22nd of Jul 2016 at 02:04 pm
mulisko..my advice is to trade/manage what's in front of you versus prognostications. Simply put, adhere to your plan by trailing up stops on existing longs. Your plan should coincide with your objectives and risk tolerance. As always, we will adjust to the message of the market. These comments apply to swing positions or trades.
Yeah I can't speculate on
Posted by matt on 22nd of Jul 2016 at 01:59 pm
Yeah I can't speculate on what where the VIX would be, right now is had a nice pop out of that 60 min wedge, has a hgher low in for now, that either holds if the market doesn't ramp to new highs, or if the market does ramp then the VIX will work lower to a new low. why does that matter about the VIX, are you trading it?