Digi - the VIX is Below its lower BB's the VVIX is trying to
close back inside. They both have decent stats. If the VVIX closes
back inside its lower BB's that would be a market sell, and same
when the VIX closes back inside. you have it backwards
Posted by DigiNomad on 2nd of Jun 2023 at 03:15 pm
Matt, I think we're saying the same thing. Anyway, just
wondering if it took 2 closes outside the bands to set the
trigger (triggers when back inside)...but I think you just answered
that question.
Posted by DigiNomad on 2nd of Jun 2023 at 03:20 pm
With the way the VIX is crashing below the bands at the moment,
a sell signal seems likely by Tuesday of next week. Obviously, just
guessing - the VIX could crash down to 13 on Monday and then to 10
on Tuesday for all I know...I just doubt it stays below the bands
for long at this level.
again - I don't see the point your comments. "You've heard about
all this bus all the time since 3700 - 3800"
? you replied to the VIX chart and statistics? what does the VIX
system have to do with that?
Also, what about the two buy signals the VIX gave just
recently?? The ones we pointed out on April 24th, and again on May
7th - those VIX buy signals clearly played out so why are you not
praising those signals? I don't get the point here?
Today the VIX closed below its lower Bollinger Bands - now can
it stay below those bands for a couple days, sure. The VVIX on the
other hand closed inside the lower Bollinger Bands for a sell
signal. These are things I feel it is my job to point out,
whether you follow them or not. It's my job. I would do a
disservice to the website if I didn't point out various things. If
I was like you the newsletters would be a breeze on a couple min
long. I would just say up up and away go long everyone, have a good
night LOL
go back and listen to newsletters from months ago, 3 months, 6
months - my overall target has been the 61.8% Fib on SPX and
possibly 4400. Steve and for the last couple months Steve and I
have been leaning to the market not having a major salvo until
maybe early Fall. 98% of trade ideas here have been long
ideas.
Also do you remember my statements many months ago: I said
guys: we can have our opinions but we trade what is in front of us.
Play the KISS systems - if the market is in a bull market those
systems will keep you long and in the market. If the market has a
rug pull - they will get you out- you don't have to guess,
just follow them
also I appreciate everyone here and think of you guys like
family and I appreciate all the support and when you guys share
information, trade ideas, etc
Your posts lately have had no substance: they are all mostly
cheerleading comments and making fun of people who are not long.
You are not posting trade ideas, charts, and what you are looking
for. Those type of posts also can get others who might be
struggling or emotion - make them even more emotional kind of like
a social media thing. Please try to post more things with
substance vs the cheerleading comments
now, if you want my short-term opinion on the market: I think we
have a pullback early next week, then once that's done I think we
have another push higher, then I think the market is set for
another pullback after that next high that's deeper - but not the
start of a major downtrend - if one is going to occur I'm thinking
early Fall.
but again I don't have to be right, I follow the systems and my
triggers and I adapt to what happens
the way I wrote the system there's no parameters for how many
bars it was outside the bands before closing back inside, it could
have been 1 or several - that's actually an interesting input
variable I may add to the system so that I can see the effect on
the stats
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Digi - the VIX is
Here's the evidence stats: VIX and VVIX statistics for past 15 years
Posted by matt on 2nd of Jun 2023 at 03:04 pm
Digi - the VIX is Below its lower BB's the VVIX is trying to close back inside. They both have decent stats. If the VVIX closes back inside its lower BB's that would be a market sell, and same when the VIX closes back inside. you have it backwards
Matt, I think we're saying
Posted by DigiNomad on 2nd of Jun 2023 at 03:15 pm
Matt, I think we're saying the same thing. Anyway, just wondering if it took 2 closes outside the bands to set the trigger (triggers when back inside)...but I think you just answered that question.
With the way the VIX
Posted by DigiNomad on 2nd of Jun 2023 at 03:20 pm
With the way the VIX is crashing below the bands at the moment, a sell signal seems likely by Tuesday of next week. Obviously, just guessing - the VIX could crash down to 13 on Monday and then to 10 on Tuesday for all I know...I just doubt it stays below the bands for long at this level.
Wow! Lowest it's been in
Posted by EdZ on 2nd of Jun 2023 at 03:33 pm
Wow! Lowest it's been in years. Fear and Greed Index has not yet reached extreme.
get it up there baby,
Posted by matt on 2nd of Jun 2023 at 03:35 pm
get it up there baby, get it higher, load the buss that's how it works
arun is doing his best cheerleading to get the rest of the masses all in now, so that will help
I have hearing about this
Posted by arun on 2nd of Jun 2023 at 04:07 pm
I have hearing about this bus all the time since 3700-3800 SPX
again - I don't see
Posted by matt on 2nd of Jun 2023 at 08:12 pm
again - I don't see the point your comments. "You've heard about all this bus all the time since 3700 - 3800"
? you replied to the VIX chart and statistics? what does the VIX system have to do with that?
Also, what about the two buy signals the VIX gave just recently?? The ones we pointed out on April 24th, and again on May 7th - those VIX buy signals clearly played out so why are you not praising those signals? I don't get the point here?
Today the VIX closed below its lower Bollinger Bands - now can it stay below those bands for a couple days, sure. The VVIX on the other hand closed inside the lower Bollinger Bands for a sell signal. These are things I feel it is my job to point out, whether you follow them or not. It's my job. I would do a disservice to the website if I didn't point out various things. If I was like you the newsletters would be a breeze on a couple min long. I would just say up up and away go long everyone, have a good night LOL
go back and listen to newsletters from months ago, 3 months, 6 months - my overall target has been the 61.8% Fib on SPX and possibly 4400. Steve and for the last couple months Steve and I have been leaning to the market not having a major salvo until maybe early Fall. 98% of trade ideas here have been long ideas.
Also do you remember my statements many months ago: I said guys: we can have our opinions but we trade what is in front of us. Play the KISS systems - if the market is in a bull market those systems will keep you long and in the market. If the market has a rug pull - they will get you out- you don't have to guess, just follow them
also I appreciate everyone here and think of you guys like family and I appreciate all the support and when you guys share information, trade ideas, etc
Your posts lately have had no substance: they are all mostly cheerleading comments and making fun of people who are not long. You are not posting trade ideas, charts, and what you are looking for. Those type of posts also can get others who might be struggling or emotion - make them even more emotional kind of like a social media thing. Please try to post more things with substance vs the cheerleading comments
now, if you want my
Posted by matt on 2nd of Jun 2023 at 08:15 pm
now, if you want my short-term opinion on the market: I think we have a pullback early next week, then once that's done I think we have another push higher, then I think the market is set for another pullback after that next high that's deeper - but not the start of a major downtrend - if one is going to occur I'm thinking early Fall.
but again I don't have to be right, I follow the systems and my triggers and I adapt to what happens
XHB ripped again lol...
Posted by arun on 2nd of Jun 2023 at 05:46 pm
XHB ripped again lol...
what does XHB ripping again
Posted by matt on 2nd of Jun 2023 at 08:00 pm
what does XHB ripping again have anything to do with the VIX stats I posted?
VIX was just in freefall
Posted by DigiNomad on 2nd of Jun 2023 at 03:47 pm
VIX was just in freefall and then put in a massive candle that looked like maybe a reversal. It might be a photo finish to close outside the bands.
nah - next week have
Posted by matt on 2nd of Jun 2023 at 04:07 pm
nah - next week have to wait for VIX to close back inside bands. VVIX closed inside today
the way I wrote the
Posted by matt on 2nd of Jun 2023 at 03:20 pm
the way I wrote the system there's no parameters for how many bars it was outside the bands before closing back inside, it could have been 1 or several - that's actually an interesting input variable I may add to the system so that I can see the effect on the stats