Since we are on experiment…

Since we are on experiment discussion below again, here is one I have been paper trading. A twist on #pietrades. If we need a new term we could call them #lizardpies. So obviously with the market rout all my #pietrades went ITM and to prevent a meltdown in margin I converted them all to #fuzzy. […]

Downside Warning

#VIXIndicator Another Downside Warning fired today with the VIX closing at 25.23. That’s the highest close of this correction (although the intraday high was on Oct 11th), and the highest VIX close since February 12th. This is the 4th warning of this correction. After the initial Warning, additional warnings can sometimes signal the bottom, but […]

Correction Data

#VIXindicator Looking back at all 54 Downside Warnings gives us some data to view our current correction. Below are three charts with the Average Move down on each day of the correction. (I omitted the black swan 2008 financial crisis). Day 1 is the day the Downside Warning fired (at the close). The percentages are […]

Fugly

#VIXindicator An additional triple warning at the close, following through on Friday’s first warning.

Downside Warning

#VIXindicator A downside warning is enacted today, since we closed at over 25% of Wednesday’s close (2-day closing low). This new Warning resets VIX levels. The Warning would be canceled with a new SPX high above 2,940.91, or a close of the VIX of 12.44 or lower, with three consecutive closes leading to an Upside […]

VIX stops being boring

#VIXIndicator… new highs today, 15.19 highest since Sep 10th. If we close the day above 14.51, it will be a new Downside Warning. This just one day after the lowest close since August 9th.

Missed it by that much

#VIXIndicator The close bumped us up to 11.68, so still no start of the countdown to an Upside Warning.