Posted by frtaylor on 15th of Jun 2020 at 10:53 pm
OTOH the VIX gave a buy signal on Friday, with a confirmation
candle today. I think the PMO gives a more delayed signal, so it
could be that it's just now catching up to last week's selloff.
Because of that signal I bought a QQQ call and some UPRO at
the close today. Not a big positions, but the VIX bollinger band
trade is a a high probability trade historically, so I wanted to be
in. Will also be looking at BPT long trade ideas for tomorrow.
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PMO sell signal.
Posted by cape_rover on 15th of Jun 2020 at 08:50 pm
PMO sell signal.
OTOH the VIX gave a
Posted by frtaylor on 15th of Jun 2020 at 10:53 pm
OTOH the VIX gave a buy signal on Friday, with a confirmation candle today. I think the PMO gives a more delayed signal, so it could be that it's just now catching up to last week's selloff. Because of that signal I bought a QQQ call and some UPRO at the close today. Not a big positions, but the VIX bollinger band trade is a a high probability trade historically, so I wanted to be in. Will also be looking at BPT long trade ideas for tomorrow.