In last night's newsletter, Steve was saying that the VIX was
bullishly stacked and that he was feeling more cautious about any
SPY upside than he has in quite a while.
Given this, would buying XIV for this Trend Trade signal be more
risky than usual??
To be clear, my $VIX comments related to the 60
minute chart which remains coiled (respect a break in either
direction) for short term. In the intermediate term, some
caution is warranted going forward (that certainly doesn't preclude
a bounce)
In last night's newsletter, Steve
Posted by rojoch on 6th of Dec 2017 at 01:38 pm
In last night's newsletter, Steve was saying that the VIX was bullishly stacked and that he was feeling more cautious about any SPY upside than he has in quite a while.
Given this, would buying XIV for this Trend Trade signal be more risky than usual??
Thanks! Hope you're feeling better today Matt.
.../john
To be clear, my $VIX
Posted by steve on 6th of Dec 2017 at 02:25 pm
To be clear, my $VIX comments related to the 60 minute chart which remains coiled (respect a break in either direction) for short term. In the intermediate term, some caution is warranted going forward (that certainly doesn't preclude a bounce)
Very sloppy market lately, I
Posted by steve on 6th of Dec 2017 at 02:28 pm
Very sloppy market lately, I refer to this type of action as "hit and run" for traders