I took the short IWM trade. It would close when IWM closes below, what, its 8 day ma?

    ugh it's more complicated than

    Posted by matt on 5th of Jul 2023 at 03:49 pm

    ugh it's more complicated than that, first it's the 9 SMA, but also there's as secondary exit of the RVX tagging it's middle Bollinger Band

    again these are beta and the current settings probably won't be what I'll be using for the final version - I'm running tests on all of them with some filters I added and trend hold conditions - so it's all going to change slightly anyway

    that said - is it looking to exit today? nope not yet

    I take that back -

    Posted by matt on 5th of Jul 2023 at 03:54 pm

    I take that back - it may exit today after all! the IWM volatility system 

    again looks like that IWM

    Posted by matt on 5th of Jul 2023 at 04:01 pm

    again looks like that IWM will exit - not confirmed until RVX closes at 4:15. I have to leave taking my car to the shop

    Thanks - closed one put

    Posted by frtaylor on 5th of Jul 2023 at 04:02 pm

    Thanks - closed one put already, guess I'll close the other now.

    Considering early-mid July is seasonally

    Posted by frtaylor on 5th of Jul 2023 at 04:00 pm

    Considering early-mid July is seasonally bullish, and considering the wave count for SPX, I will be keeping a tight leash on the trade.

    Thanks. I bought a couple

    Posted by frtaylor on 5th of Jul 2023 at 03:52 pm

    Thanks. I bought a couple puts, will close one on any further down move today, then the other I guess I will see, but likely will set the stop to breakeven once I close the first one. I'll close them both if price makes a new high today.

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