One more…

#VIXIndicator one more day with a $VIX close below 16.47 and we have an Upside Warning. I think today’s action foretells we are headed that way.

Downside Warning canceled!

#VIXIndicator Today’s $VIX close ends the 4-month Downside Warning. If we get two more closes at or below 16.47, it will trigger an Upside Warning, which usually means a strong rally for a few days or weeks.

Almost canceled

#VIXIndicator We closed with $VIX only 0.10 above the cancelation level of the Downside Warning, which has been in effect since October 5th. If bears are going to show up, they better do it soon.

VIX indicator

@jeffcp66, does the SPX have to make new highs to cancel a downside warning? If so, it’s a long way to cancelling the downside. #vixindicator

On Christmas Eve?

#VIXIndicator Looks like two new downside warnings, on usually the quietest day of the year. Down 2% on Christmas Eve. May your Christmas Day be free of volatility and full of cheer!

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 […]