VIX Updated Views

    Posted by steve on 14th of Nov 2022 at 04:19 pm

    $VIX - Chart Link - the 15 minute VIX was supportive of a bounce today 

    $VIX - Chart Link - the VIX 120 bounced off demand zone 

    $VIX - Chart Link - the VIX daily has a supply zone above around 25+ (maybe it rejects that zone as SPX wave 4 bottoms) then VIX goes down to test gap below with SPX wave 5 rally.  Just a template but would not be interested in most longs until VIX gets into supply.  

    ES came right into the Posted Supply Zone (4016-4020) which was also discussed in weekend newsletter along with the Fib clusters.  Nice reaction 

    I got me some of

    Posted by donkeyface on 14th of Nov 2022 at 05:48 pm

    I got me some of this ES sell off from this level too, in large part because I was looking for a rejection because of BPT.       Not all of it,  but enough ;-)

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