Posted by DigiNomad on 10th of May 2024 at 04:13 pm
My comment about "not normal" was not about your chart. I was
referring to the underlying market mechanics that led to the chart.
I think you understand that but your response seemed like maybe you
took my comment as if it was directed at your chart....it wasn't.
Great chart. Much appreciated.
Thanks. VIX Daily. The VIX on the daily is at a support
area, and I normally look at the 60 minute chart for divergences.
Might get a bounce here. Who knows.
Posted by DigiNomad on 10th of May 2024 at 04:11 pm
Here's the 1 hour with 10/3 setting on MACD. I don't
actually look at this complicated mess during the day....but I do
set alerts off various indicators.
Obviously, this divergence on this time frame is complete dog
sh*t....for the time being. Maybe forever...but over time things
tend to cycle back and forth from working great to not
working....and then back again. Trend is key and the Fed is
absolutely putting it's boot on the neck of the VIX right now.
Counter trend trades are always lower probability.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
MACD Divergence on the 60min
Posted by EdZ on 10th of May 2024 at 04:01 pm
MACD Divergence on the 60min VIX
Hahahaha. That chart looks completely
Posted by DigiNomad on 10th of May 2024 at 04:06 pm
Hahahaha. That chart looks completely normal. Nothing to see here!
Thanks for the opinion..
Posted by EdZ on 10th of May 2024 at 04:08 pm
Thanks for the opinion..
My comment about "not normal"
Posted by DigiNomad on 10th of May 2024 at 04:13 pm
My comment about "not normal" was not about your chart. I was referring to the underlying market mechanics that led to the chart. I think you understand that but your response seemed like maybe you took my comment as if it was directed at your chart....it wasn't. Great chart. Much appreciated.
Thanks. VIX Daily. The VIX
Posted by EdZ on 10th of May 2024 at 04:19 pm
Thanks. VIX Daily. The VIX on the daily is at a support area, and I normally look at the 60 minute chart for divergences. Might get a bounce here. Who knows.
Great chart. If it was
Posted by DigiNomad on 10th of May 2024 at 04:22 pm
Great chart. If it was a stock I would buy it on the first sign of life (structure change).
Here's the 1 hour with
Posted by DigiNomad on 10th of May 2024 at 04:11 pm
Here's the 1 hour with 10/3 setting on MACD. I don't actually look at this complicated mess during the day....but I do set alerts off various indicators.
Obviously, this divergence on this time frame is complete dog sh*t....for the time being. Maybe forever...but over time things tend to cycle back and forth from working great to not working....and then back again. Trend is key and the Fed is absolutely putting it's boot on the neck of the VIX right now. Counter trend trades are always lower probability.