Posted by mitchell on 23rd of Jul 2021 at 06:15 pm
@Matt - I started noticing the gap closing several wks ago and
wanted to ask if history shows similar reduction of the delta
before an ultimate 2d (or weekly) DVT sell trigger?
use the search feature guys, I posted something about that 7
months ago. When I looked at it a while back, and I didn't
spend much time on it but you sometimes had your larger corrections
when the two DVT's came closer together - well the daily and
weekly. I didn't have the 2 day chart at that time and so haven't
investigated the daily vs the 2 day. So I don't really know on the
2 day.
as far as the market I don't see anything happening to it until
after earnings season anyway
interesting that the 2 day
Posted by matt on 23rd of Jul 2021 at 03:21 pm
interesting that the 2 day DVT's on the QQQ and SPX are now almost the same as their daily DVT's. very rare to see this
SPX daily = 4263 - 2 day = 4259
QQQ daily = 352 - 2 day = 348
@Matt - I started noticing
Posted by mitchell on 23rd of Jul 2021 at 06:15 pm
@Matt - I started noticing the gap closing several wks ago and wanted to ask if history shows similar reduction of the delta before an ultimate 2d (or weekly) DVT sell trigger?
use the search feature guys,
Posted by matt on 24th of Jul 2021 at 02:45 pm
use the search feature guys, I posted something about that 7 months ago. When I looked at it a while back, and I didn't spend much time on it but you sometimes had your larger corrections when the two DVT's came closer together - well the daily and weekly. I didn't have the 2 day chart at that time and so haven't investigated the daily vs the 2 day. So I don't really know on the 2 day.
as far as the market I don't see anything happening to it until after earnings season anyway
here's that post
https://breakpointtrades.com/blog/post/335261