I wonder if we need to see a Demark 13 on the VIX before it
turns around, kind of like in Mar. The VIX rarely goes past 9, this
time it has. Currently the count is 11 with today's move, 2 more
days would be 13
Wouldn't that work out nicely. If I have my dates/count
correct, the Demark 13 would appear next Tuesday, with the Fed
action on Wednesday with a possible turn in the VIX.
Posted by dragonfly28 on 28th of Oct 2022 at 02:33 pm
vix and demark ? that would also
dovetail into the first two days of the month for fund buying
. . . . . so tues/wed seems to line up pretty well for
a fade
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VIX and Demark - maybe we need a 13 this time, currently on 11
Posted by matt on 28th of Oct 2022 at 02:22 pm
I wonder if we need to see a Demark 13 on the VIX before it turns around, kind of like in Mar. The VIX rarely goes past 9, this time it has. Currently the count is 11 with today's move, 2 more days would be 13
Wouldn't that work out nicely.
Posted by Ray on 28th of Oct 2022 at 02:28 pm
Wouldn't that work out nicely. If I have my dates/count correct, the Demark 13 would appear next Tuesday, with the Fed action on Wednesday with a possible turn in the VIX.
vix and demark ?
Posted by dragonfly28 on 28th of Oct 2022 at 02:33 pm
vix and demark ? that would also dovetail into the first two days of the month for fund buying . . . . . so tues/wed seems to line up pretty well for a fade