Hi Matt,

    Thanks for the detailed response (and Steve's too).  The link for the private message did not work (but would be happy to talk anytime) so I will try and clarify my question:

    - I did not enter any VIX trade, I just wanted to understand the signal. I do use the KISS systems and I take the SPY reversion trades regularly.

    - It is my understanding that SPX/VIX usually move counter to each other. Hence, me saying "VIX system says up which should mean spy down". Steve commented in a different thread that that was wrong and the the signal is actually SPX up.  So my clarification question is actually two fold:

    1. Was the alert (when it was sent) a LONG VIX alert?

    2. Am I correct  that a LONG VIX means short SPX and vice versa?

    Thanks guys and thank you for your great mechanical systems!

    p.s. (unrelated) I still do not understand how you draw a demand zone. "Demand zones are formed by a break of structure and revert to back to the origin". I saw it appearing in several newsletters but I still do not get it.  i.e. I can figure the BOS (mostly) but I do not understand the revert to origin part.

    Eddie - it was a

    Posted by steve on 23rd of Jul 2024 at 02:00 pm

    Eddie - it was a not a long VIX alert (it was a SPX long alert based upon the VIX moving DOWN below it's upper BB).  Kind of confusing on the surface but make sure you listen to the Newsletter as this was discussed.  

    Thanks to all you guys

    Posted by srusso1 on 23rd of Jul 2024 at 02:06 pm

    Thanks to all you guys I'm out of here gone to the green river UT. Canyonlands'  see you in 2 weeks.

    Enjoy srusso1

    Posted by steve on 23rd of Jul 2024 at 02:11 pm

    Enjoy srusso1

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!