Matt, can you run a

    Posted by jdaswani on 16th of Oct 2020 at 02:47 pm

    Matt, can you run a KISS chart on $VIX and VXX. Been weak, but feels like its building energy for a sharp thrust up. 

    dealing with some computer issues

    Posted by matt on 16th of Oct 2020 at 03:10 pm

    dealing with some computer issues here. Otherwise the KISS VIX chart not really saying much.  Price is holding above the ATR which is 24.37 FYI. Otherwise price is sideways for last 1.5 months and the MA ribbons are just back and forth chop. The 120 min may soon go on a cycle buy.  

    otherwise I'd say the daily KISS chart with the DVT's and MA ribbons is not very useful.  VIX does not trend, it's mostly choppy, has sudden moves then chops around.  

    I think the cycle indicator is probably more useful on the smaller time frames as that indicator does well with chop

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