I think last week it was pretty much impossible for the VIX to
really in a big spike because of the VIX options expiring - now
that overhang is gone.
but also the market needs to find some way to trick the masses.
A lot of the bit technicians are waiting for this huge VIX
spike to the 40's and 50's to causes a washout and then
intermediate low that one could buy and hold for a while. To
me that scenario is almost too easy - don't get me wrong I'd love
to see that, it's just so easy i.e. get the VIX spike and washout
and go long some stuff. So maybe it's gotta be more complicated
than that, we'll see...
Posted by drsang920 on 25th of May 2022 at 01:54 pm
hi matt, when you are free (maybe at the end of the
trading day) take a look at this guy's twitter feed... named
Cem Karsan (@jam_croissant on twitter). he talks about a
"second move phenomenon" . i don't really understand it that well
but it has something to do with bypassing that vix spike that
everyone is waiting for to mark a tradeable bottom. then
maybe you can explain it better to me like i'm a 6 year old in
tonight's newsletter :)
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I think last week it
NQ 15 min fractals....I am always looking for patterns. Just ...
Posted by matt on 25th of May 2022 at 01:40 pm
I think last week it was pretty much impossible for the VIX to really in a big spike because of the VIX options expiring - now that overhang is gone.
but also the market needs to find some way to trick the masses. A lot of the bit technicians are waiting for this huge VIX spike to the 40's and 50's to causes a washout and then intermediate low that one could buy and hold for a while. To me that scenario is almost too easy - don't get me wrong I'd love to see that, it's just so easy i.e. get the VIX spike and washout and go long some stuff. So maybe it's gotta be more complicated than that, we'll see...
hi matt, when you
Posted by drsang920 on 25th of May 2022 at 01:54 pm
hi matt, when you are free (maybe at the end of the trading day) take a look at this guy's twitter feed... named Cem Karsan (@jam_croissant on twitter). he talks about a "second move phenomenon" . i don't really understand it that well but it has something to do with bypassing that vix spike that everyone is waiting for to mark a tradeable bottom. then maybe you can explain it better to me like i'm a 6 year old in tonight's newsletter :)