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Post by theMist on Jun 15, 2017 10:02:11 GMT -5
Unlike last time with quick big flush to SP2350, today feels a lot different and bulls stepping in at SP2420 and lower BB on Hourly acting like support Certainly doesn't feel like a large Rising Wedge Break with quick flush and feels more like S&P taking less steep channel higher I wouldn't be surprised to see VXX at new lod (currently 13.18) very soon Also, long bottoming wicks on S&P candles Feels like another small VXX speed bump I shorted more VXX in 13.30 range
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Post by walnut on Jun 15, 2017 10:05:25 GMT -5
Sold a little vxx at 13.34
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Post by theMist on Jun 15, 2017 10:17:45 GMT -5
TAKE DOWN THE VIX SCAMs once again LORD JESUS! DESTROY THEM!!
VXX 13.26
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Post by theMist on Jun 15, 2017 10:20:03 GMT -5
S&P should rise back up to SP2429-2430 area IMO Neckline of H&S pattern on S&P Futures
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Post by theMist on Jun 15, 2017 10:34:06 GMT -5
Covered 30k VXX short at 13.20
3k profit
will look to reshort
S&P hit 2429.80 - that was back test area may have little left OR that can be all
Have to watch next S&P Hourly candle isn't large red one
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Post by walnut on Jun 15, 2017 10:45:17 GMT -5
Covered 30k VXX short at 13.20 3k profit will look to reshort S&P hit 2429.80 - that was back test area may have little left OR that can be all Have to watch next S&P Hourly candle isn't large red one Well done
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Post by theMist on Jun 15, 2017 11:20:35 GMT -5
S&P Hourly Backtest may or may not be done yet -- S&P hit 2429.80 hard to get trendlines pinpoint accurate and could also be wanting to tag 50ema at 2431ish BTW - Rising Wedges don't usually backtest after price action drops below rising support like this -- so that is most likely indicating that markets have something else in mind
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Post by theMist on Jun 15, 2017 11:33:09 GMT -5
VXX 15 min chart Looking for tag of that upper line to nibble reshorting again - green arrow near VXX HOD (low 13.40s) May nor may not get it
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Post by lasvegas77 on Jun 15, 2017 11:43:22 GMT -5
Good job Mist! No trades from me today and probably will just be in cash a long time.
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Post by theMist on Jun 15, 2017 11:51:57 GMT -5
VXX 15 min indicators starting to rollover bearish VXX 13.30 range may be it for that little bounce
reshorted some VXX
VXX may look to take out lod (13.18)
VXX 13.26
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Post by theMist on Jun 15, 2017 12:02:43 GMT -5
S&P DailyShould have posted this earlier S&P LOD also was tag of 20dsma -- honestly a small move
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Post by theMist on Jun 15, 2017 12:14:43 GMT -5
contango improving was little worse earlier S&P Hourly indicators ticking up
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Post by theMist on Jun 15, 2017 12:18:23 GMT -5
VXX 15 min chart3rd time its testing rising support VXX needs to break below it
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Post by theMist on Jun 15, 2017 13:08:50 GMT -5
S&P looks to be consolidating in BULL FLAG smaller time frames VXX coming up on 4th test of rising support (just above it )-- should break if tests it rising support at VXX 13.23ish VXX 13.26 Gotta keep pounding the VIX SCAMs
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Post by theMist on Jun 15, 2017 13:27:26 GMT -5
NICE MOVE!! NICEEEEEE!
S&P trying to get back above that red rising support (now resistance)
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Post by walnut on Jun 15, 2017 13:42:15 GMT -5
Stubborn!
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Post by theMist on Jun 15, 2017 13:47:09 GMT -5
Give it time Wanut
VXX is going to ride lower BB of 15 min down
VXX 13.16
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Post by theMist on Jun 15, 2017 13:52:42 GMT -5
VXX should cut thru 13 a lot easier this time around I'm thinking VXX goes red with complete gap fill to 12.92 and maybe even 12.80s VXX 13.07
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Post by theMist on Jun 15, 2017 14:08:16 GMT -5
VXX
Notice how VXX pauses and struggles with the same levels each time it pulls these speed bump moves
VXX 13.20 range pauses and bounces Once VXX 13.20 finally breaks quickly goes to VXX 13.08ish and pauses VXX hit 13.03 and not 13 - same as last time
VXX should hit 13 and I hope it doesn't torture us again I don't believe it will -- VXX has serious strength behind this down move
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Post by theMist on Jun 15, 2017 14:14:17 GMT -5
VXX Hourly and 4HR indicators have not even turned bearish yet
This could be the move that drives VXX solidly into the mid to low 12s in short term
For today, once VXX goes red there will be some resistance at 12.92 gap fill good spot to cover for scalp
VXX 13 as I type
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