3309 Drysdale Ct
Edwardsville, IL 62025
If VIX closes down it will produce a BUY signal.
Getting close to the March/April lows.
Hi EdZ, does that mean spy will sell off on a VIX buy ?
sorry i/m not very well versed in the VIX signals; fairly new
here. Tks for anyone's help!
VIX buy/sell signal Steve gave a very
good explanation in the Aug 3 newsletter if you use the new player
version go to chart 25. SH, SDS SPXS or SPXU 1X, 2X, 3X
inverse SPY ETF's
Thanks so much I couldn't remember the exact date.
However, I will be happy to clarify AGAIN this weekend upon a
reminder. Okay I must depart. Best wishes
I have no idea. Just that the VIX is at the bottom of the
BB and close to a support area. The indexes are very
stretched coming into resistance areas. I would expect a
pullback in the markets next week. Also getting no demand and
profit taking signals on various time frames on my trade station
charts along with something called knoxville diverences.
SPX is at a double top at the 30 min chart right now.
Yeah, can be a little confusing--a VIX buy is BUY the SPY, VIX
sell is short the $SPX (I go long $SPX short ETFs, try to keep your
head from spinning, ain't easy).
Tks very much 24kau, most helpful to learn the lingo of VIX
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