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$VIX - Daily Candlesticks, 1280 (w/Buttons) - Chart
Link- again now that Triple Witching is over that VIX seems to
be moving, might just need that spike to end all this crap
$INDU - Chart Link- note on Dow there's an open
gap from Sep 2017.
craziness, biggest lump of coal for Christmas ever
VIX now 35
so it seems we finally will get that spike on the vix....
typical washout spikes on the VIX are upper 30's and 40's.
If we need to see 40's, gonna have to wait until after
Also lately futures have been up overnight then weaken in
morning and throughout the day. For a good bottom wold be best to
see the market futures VERY negative overnight and on the open,
then recover, vs what we have been seeing. So the best thing
guys unfortunately is to have a big down open on Wed, that causes a
VIX spike into the 40's, then reverse in the morning
With the VIX this high, could we be in C down instead of A down
in an ABC correction.
I don't think so, but I'll let Steve chime on that one. Anyway
think about this, if this is A down, then tells you just how low
the markets could go next year during the bear market.
It would be one huge A, what would you expect for a B bounce of
A is about complete 2500-2700.
Thanks, I need to get rid of a few longs
VIX 10m ... maybe a little paint job into the close .... or more
open gap on the Dow is 21,847 basically, I had the wrong number
listed on the chart below, I have since updated it
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