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Post by theMist on Apr 18, 2017 8:53:31 GMT -5
I should have taken more seriously that vxx buying pop at the end of the day yesterday, it was forecasting a little trouble for the market overnight. The gap up in VXX higher can be looked at like a backtest I expect VXX to be red soon VXX 17.40
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Post by theMist on Apr 18, 2017 8:59:43 GMT -5
Thinking VXX overshoots gap to 17.08 and could hit VXX 16.80-16.90 range today but not guaranteed
I see VXX 17.08 gap fill as a good lock
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Post by walnut on Apr 18, 2017 9:01:15 GMT -5
Well I'm short
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Post by theMist on Apr 18, 2017 9:02:20 GMT -5
I want to see spot vix back in low 13s today
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Post by theMist on Apr 18, 2017 9:10:54 GMT -5
Market should settle down and VIX SCAMs should drift even lower to fill those downside gaps VXX 17.32
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Post by theMist on Apr 18, 2017 9:15:31 GMT -5
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Post by huh on Apr 18, 2017 9:17:15 GMT -5
That's a strange VIX curve
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Post by theMist on Apr 18, 2017 9:18:28 GMT -5
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Post by theMist on Apr 18, 2017 9:18:58 GMT -5
That's a strange VIX curve It's actually looking a lot better than what it was last week
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Post by theMist on Apr 18, 2017 9:24:18 GMT -5
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Post by theMist on Apr 18, 2017 9:33:54 GMT -5
In the old days when VXX started to enter a gap like that -- it was a practical guarantee it would be filled immediately.
Now, nothing is guaranteed anymore
BUT I still feel VXX closes the gap to 17.08
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Post by walnut on Apr 18, 2017 9:36:45 GMT -5
It's been a tricky morning but I think volume is rolling over bearish gradually.
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Post by theMist on Apr 18, 2017 9:39:07 GMT -5
It's been a tricky morning but I think volume is rolling over bearish gradually. First hour is always wild swings markets should calm down now and VXX should drift lower IMO Look at VXX 4 Hour chart -- it will take some time VXX 17.39
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Post by theMist on Apr 18, 2017 10:10:38 GMT -5
Walnut - whatcha thinking?
How does volume look?
VXX 17.48
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Post by walnut on Apr 18, 2017 10:22:11 GMT -5
Still generally bearish for VXX. I'm surprised by this trouble, really.
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Post by walnut on Apr 18, 2017 10:23:06 GMT -5
Gonna stay short, thinking this is one to ride out. But it is tough
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Post by walnut on Apr 18, 2017 10:29:02 GMT -5
volume balance turning a little more bearish
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Post by theMist on Apr 18, 2017 10:30:05 GMT -5
I'm going to try and stick with my hard rule of being out of VXX trade by AH
I do miss the trading - I guess its in the blood
My VXX cover last night in AH missed by a penny and I would locked in nice profits
then would have reshorted VXX this morning and now would have ability to trade in/out
that's one of the drawbacks with Scottrade when you hold positions overnight -- it takes away from DTBP
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Post by theMist on Apr 18, 2017 10:31:02 GMT -5
volume balance turning a little more bearish Do you watch any other indicators besides MACD, MACD Histogram, Volume? some chartists like RSI, stochastics, etc.
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Post by theMist on Apr 18, 2017 10:41:06 GMT -5
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