yes regarding the VVIX, also lately it hasn't been recycling
back below 110 in short amounts of time, so I'm not sure how it
behaves when it does that.
the indexes assuming their in a 5th wave, would have higher to
go first. The really bullish case would be a wave 3 here
instead.
the VVIX is something to be aware of and monitor but get your
triggers from price action
Also if one of you wants a little project - take a VVIX chart
and go back 5 and 10 years and compile all the signals in Google
Sheet doc, so that we can start to look at past statistics, that's
really the one way to fully investigate how well something works
and have confidence in it
Posted by rmoore100 on 11th of Mar 2021 at 11:09 am
Maybe this time the VOMMA over 110 indicator is similar to last
August 27th 2020 where there was a price increase, then a spike up,
then a sizeable reversal in the market. Took about 4
days. Just a thought.
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yes regarding the VVIX, also
Looks like VOMMA will close above 110, unless something crazy ...
Posted by matt on 11th of Mar 2021 at 09:24 am
yes regarding the VVIX, also lately it hasn't been recycling back below 110 in short amounts of time, so I'm not sure how it behaves when it does that.
the indexes assuming their in a 5th wave, would have higher to go first. The really bullish case would be a wave 3 here instead.
the VVIX is something to be aware of and monitor but get your triggers from price action
Also if one of you wants a little project - take a VVIX chart and go back 5 and 10 years and compile all the signals in Google Sheet doc, so that we can start to look at past statistics, that's really the one way to fully investigate how well something works and have confidence in it
Maybe this time the VOMMA
Posted by rmoore100 on 11th of Mar 2021 at 11:09 am
Maybe this time the VOMMA over 110 indicator is similar to last August 27th 2020 where there was a price increase, then a spike up, then a sizeable reversal in the market. Took about 4 days. Just a thought.