|
Post by theMist on Feb 21, 2017 12:51:25 GMT -5
maybe about to roll over finally Another trick -- count the amount of candles on VXX 15 min Left shoulder. That will give you a good idea of how long VXX will stay on this RS before rolling over. Doesn't always hold true but usually does. The thing that bothers me is I still don't know what that VXX 15 min candle is at the open. What does your chart show? red hollow? or green?
|
|
|
Post by walnut on Feb 21, 2017 12:55:00 GMT -5
maybe about to roll over finally Another trick -- count the amount of candles on VXX 15 min Left shoulder. That will give you a good idea of how long VXX will stay on this RS before rolling over. Doesn't always hold true but usually does. The thing that bothers me is I still don't know what that VXX 15 min candle is at the open. What does your chart show? red hollow? or green? Can you see this chart
|
|
|
Post by theMist on Feb 21, 2017 12:56:28 GMT -5
Of course I just heard back from fstockcharts support and they are clueless as to what I am trying to explain re misprint of VXX 15 min candle. lol
Replied and still waiting for a good response.
2nd guessing candles is not good when it comes to trading
|
|
|
Post by theMist on Feb 21, 2017 12:57:28 GMT -5
Thx Walnut -- its hows a green candle outside its lower BB
I show red hollow on VXX 15 min chart by itself. Then on side by side, its shows likes yours. lol
|
|
|
Post by theMist on Feb 21, 2017 13:02:38 GMT -5
Don't sweat this move back higher in VXX. It was expected.
VXX 17.67
VXX also left a small GAP on VXX 15min from VXX 17.61-17.62 so that means VXX will drop back down to fill taht small gap.
Unless of course its another mistake with fsharts.
BUT GAP ALSO SHOWS ON VXX 1 MIN, VXX 5 MIN as well.
fstockcharts just corrected the candle and small gap is filled. Another quick mistake and misprint. lol
But VXX should still rollover again. Volatility tends to like to triple spike.
Just have to keep an eye on that white upper line. Again, quick spike to it and above it OK but we don't want to see solid green candles with closes above it.
|
|
|
Post by theMist on Feb 21, 2017 13:09:59 GMT -5
VXX 15 min - showing white line support and resistances Maybe VXX spikes and tags that green 200ema (currently at 17.82) BUT I would like to see that UPPER white line hold. Quick spike above it OK. Not solid candles above it. image hosting no sign up
|
|
|
Post by walnut on Feb 21, 2017 13:11:44 GMT -5
Yeah I have those drawn. I also see that candle error you are talking about.
|
|
|
Post by theMist on Feb 21, 2017 13:12:39 GMT -5
Yeah I have those drawn. I also see that candle error you are talking about. It's really not good. Seriously. Red hollow outside lower BB is weaker bounce BUT does indicate bounce. Green candle is more solid bounce. This is the 2nd spike in VXX toward HOD. I want to see VXX put in lower HOD with this bounce. VXX 17.68
|
|
|
Post by theMist on Feb 21, 2017 13:17:24 GMT -5
Look at where VXX is hitting -- the blue line that was support now turned resistance. images hosting
|
|
|
Post by theMist on Feb 21, 2017 13:18:31 GMT -5
fstockcharts support is taking a real long time to get back to me now. lol
I think they may see the issue. I'm sure there answer will be to upgrade to TC2000
|
|
|
Post by walnut on Feb 21, 2017 13:22:37 GMT -5
yep. maybe you should
|
|
|
Post by theMist on Feb 21, 2017 13:24:55 GMT -5
So I count about 13 VXX 15min candles on left side (not including the large candle going up and the candle going back down)
For right side, we are about 8 candles into the move. So around 5 more 15 min candles left
Let's see if within roughly the next 75 mins (hour and 15mins) if VXX rolls over toward LOD. Time now around 1:30pm EST.
We'll see...
VXX 17.67
|
|
|
Post by theMist on Feb 21, 2017 13:25:28 GMT -5
I have a feeling that will fix the bugs. Seeing small gaps and candle misprints NOT GOOD.
|
|
|
Post by theMist on Feb 21, 2017 13:27:55 GMT -5
CNBC -- Sean Spicer White House Press Briefing coming up. lol
|
|
|
Post by walnut on Feb 21, 2017 13:30:26 GMT -5
tough day I am not enjoying haha So I count about 13 VXX 15min candles on left side (not including the large candle going up and the candle going back down) For right side, we are about 8 candles into the move. So around 5 more 15 min candles left Let's see if within roughly the next 75 mins (hour and 15mins) if VXX rolls over toward LOD. Time now around 1:30pm EST. We'll see... VXX 17.67
|
|
|
Post by theMist on Feb 21, 2017 13:34:31 GMT -5
VXX looks like it wants to tag the 200 EMA (currently at 17.81)
VXX 17.75 and still under that white line.
No need to panic
White House BS coming up
|
|
|
Post by theMist on Feb 21, 2017 13:37:48 GMT -5
VXX 15 min -- added another descending channel line. VXX is still within that large red descending channel Testing white line as I type post img
|
|
|
Post by theMist on Feb 21, 2017 13:40:57 GMT -5
VXX just tagged 200 ema at 17.82 Now VXX needs to turn back down hard. Don't want to see VXX keep rising hard. Needs to start rolling over now! VXX 17.79
|
|
|
Post by walnut on Feb 21, 2017 13:41:11 GMT -5
Yeah i have that upper channel line drawn. But that one is too high for day trading?
|
|
|
Post by theMist on Feb 21, 2017 13:43:37 GMT -5
Yeah i have that upper channel line drawn. But that one is too high for day trading? VXX can easily turn back down and retest LOD from this point. The mistake that was made today, obviously, was chasing when it was too low and chasing was too aggressive. And having mistakes with charts also wasn't good. I'm not sweating it though from TA perspective. Spicer says something to spook markets and that won't be good. But I doubt it. VXX 17.79
|
|