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Post by lasvegas77 on Aug 24, 2017 12:48:33 GMT -5
As frustrating as that bounce back was on vxx, it appears to be testing the down trend channel on the upside from a couple of hours ago. It's still within its range and appears to have some pressure on top of vxx for now.
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Post by lasvegas77 on Aug 24, 2017 13:13:43 GMT -5
There's a white house press conference coming up. Hopefully that will help the market. Not looking good this last hour.
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Post by theMist on Aug 24, 2017 13:16:41 GMT -5
Hopefully VXX is forming a small H&S pattern -- too early still
neckline would be roughly where VXX bounced at 48.16
VXX takes out 48.16 and we should be good VXX takes out HOD and definitely no good
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Post by lasvegas77 on Aug 24, 2017 13:19:00 GMT -5
It certainly wouldn't be the first time to do something like that. It's certainly exhausting us eager shorts.
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Post by theMist on Aug 24, 2017 13:33:13 GMT -5
Need VIX SCAMs to start dropping hard now!! VXX 48.72
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Post by lasvegas77 on Aug 24, 2017 13:37:22 GMT -5
Need VIX SCAMs to start dropping hard now!! VXX 48.72 I'm gonna need a vacation again after all this volatility i returned to.
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Post by clinton on Aug 24, 2017 13:53:33 GMT -5
SOLD JCP +9.5% and bought KR at 21.28
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Post by theMist on Aug 24, 2017 13:53:47 GMT -5
It honestly could have been a lot worse today
S&P Hourly indicators rolled bearish and S&P price action could have rolled a lot harder with it (S&P down 3 is not bad)
Final hour will be so important -- need buyers to step in and VXX to break to lod
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Post by lasvegas77 on Aug 24, 2017 14:24:32 GMT -5
press conference over. And what a bore it was.
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Post by lasvegas77 on Aug 24, 2017 14:31:04 GMT -5
Currently vix etns are having difficulty getting under the mid range of the day. that would be 48.68 on vxx.
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Post by theMist on Aug 24, 2017 15:09:46 GMT -5
All went down with a Trump tweet at 9:45am EST lol talk to you guys later - BTW - LV - maybe we will get lucky with a dollar move down in VXX in AH for a change
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Post by lasvegas77 on Aug 24, 2017 15:14:53 GMT -5
we didn't get the new intraday lows but at least after hours is taking a huge chuck out of the premiums.
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Post by walnut on Aug 25, 2017 7:23:05 GMT -5
It's gonna be awhile, I can't wait for it I don't blame you but by the time it looks safe, the easy money back down will be over for a while. The move for me was lost in the overnight, so yeah that happened.
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