$VVIX currently in the clear

    Posted by timebandit on 27th of Oct 2021 at 03:45 pm

    $VVIX currently in the clear around 108. Would take a slide in the last 15 minutes to spike it over 110. UPDATE: Well, what do ya know? We got that slide, and $VVIX flirted with 110 but settled just below it at 109.84. That may not be final.

    What does in the clear

    Posted by bpozdoll1717 on 27th of Oct 2021 at 03:59 pm

    What does in the clear mean?  It is going up or down?

    After sitting below 105 most

    Posted by timebandit on 27th of Oct 2021 at 04:03 pm

    After sitting below 105 most of the day, it spiked up toward the VOMMA Zone, which is 110. It is a sell warning when it moves from below 110 to above that line

    timebandit - that's what it

    Posted by matt on 27th of Oct 2021 at 05:26 pm

    timebandit - that's what it tends to do

    however one thing you can do is have an intra day chart of VVIX - here's one I use has VVIX and SPX on a 10 min - you can see where VVIX broke a trendline about 45 min before the close - could have got you in there vs waiting for the daily to spike up

    https://schrts.co/TbveSGVT 

    Oh, yeah, that is a

    Posted by timebandit on 27th of Oct 2021 at 06:59 pm

    Oh, yeah, that is a nice look! 

    I had already gone short SPY and QQQ earlier today based on some other things, which I am holding overnight. I came into today short IWM but closed those positions for a profit. Could have held them but I get skittish when there is money on the table. (SPY and QQQ hadn't really corrected yet)

    Nice chart and tip thanks 

    Posted by nicole4 on 27th of Oct 2021 at 05:37 pm

    Nice chart and tip thanks 

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