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.
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I have no idea. Just
If VIX closes down it will produce a BUY signal. ...
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.