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    

    Posted by bk1976 on 12th of Aug 2022 at 02:28 pm

    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

    Posted by steve on 12th of Aug 2022 at 02:30 pm

    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

    Posted by EdZ on 12th of Aug 2022 at 02:07 pm

    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

    Posted by 24kau on 12th of Aug 2022 at 02:06 pm

    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

    Posted by imelhoe on 12th of Aug 2022 at 02:07 pm

    Tks very much 24kau, most helpful to learn the lingo of VIX signals! Gracias!

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