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Post by walnut on Sept 11, 2017 13:35:46 GMT -5
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Post by lasvegas77 on Sept 11, 2017 13:48:21 GMT -5
New all time tvix low finally. 15.42
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Post by lasvegas77 on Sept 11, 2017 14:19:37 GMT -5
Uvxy also tagged its all time low today.
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Post by theMist on Sept 11, 2017 15:00:09 GMT -5
Good trading today guys
theMist took a hit today but am ok with markets putting in one more push just as long as its the last push before an actual real correction before end of October
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Post by lasvegas77 on Sept 11, 2017 15:01:56 GMT -5
The holding overnight risk goes both ways.
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Post by theMist on Sept 11, 2017 15:02:42 GMT -5
New all time tvix low finally. 15.42 Amazing how VXX isn't even near 43.64 all time low - I guess its called contango decay lol
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Post by lasvegas77 on Sept 11, 2017 15:04:07 GMT -5
My belief is that the vix spike if there is one now comes in November. Not October.
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Post by lasvegas77 on Sept 11, 2017 15:06:15 GMT -5
New all time tvix low finally. 15.42 Amazing how VXX isn't even near 43.64 all time low - I guess its called contango decay lol I think it's called slippage because of the leverage used.
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Post by huh on Sept 11, 2017 17:56:35 GMT -5
NDX upside gap filled (& USTEC) SPX upside gap filled (& ES) VXX even finally reached down to fill its final downside gap ~45.64 ( mentioned this gap fill as support for its potential iH&S) But, remember the potential pattern in XLF? Here's why I think XLF has a decent chance of bouncing from yesterday's low. Although it appears to be forming a major top that began back in March (large H&S shown with red lines, followed by a Head Test to create a Double-Top), if it were to form yet another a H&S now as the 2nd top of its Double-Top (blue lines) , it could bounce at least to the shoulder test line ~24.50's (blue arrow), & perhaps even overshoot a little for the upside gap fill ~24.77 (purple arrow). A move >24.02 (larger H&S' shoulder test line) would confirm a move to at least 24.50's) While those gaps were getting filled, XLF quietly tagged its shoulder test line for a potential RS peak:
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Post by huh on Sept 11, 2017 17:56:56 GMT -5
Technically speaking at least, now the market is free to crash
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