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Post by theMist on Oct 22, 2018 7:38:21 GMT -5
Jim's video
Last week was really flat. The highs of the week were on Wednesday and that would seem to imply some selling pressure to start
this upcoming week on, but we are very near a clear line of resistance that I think we are due to get over, just going on gut feeling.
This video goes into the details.
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Post by theMist on Oct 22, 2018 9:43:20 GMT -5
VXX 15 min chartThis may be the last hoorah for VXX before a nice drop we'll see... 
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Post by theMist on Oct 22, 2018 9:45:04 GMT -5
S&P Hourly ChartS&P bouncing off support Trying to put in bottom candle markets may reverse hard back into the green 
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Post by walnut on Oct 22, 2018 10:05:18 GMT -5
I like the charts
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Post by walnut on Oct 22, 2018 10:14:20 GMT -5
VXX is making the typical double hump that these large-ish weekly stochastic events always do, similar to August of last year but bigger. Second hump is normally lower than the first. The more moderate corrections don't have to do it but the true weekly launches always seem to. And worse, they "reset" the whole VXX chart at a new level. Takes quite a while to resolve and you could be a loser for several weeks if you time it wrong and wait it out.
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Post by theMist on Oct 22, 2018 14:39:10 GMT -5
updated VXX 15 min chart Pattern is perfectly symmetrical now Today's VXX 36.03 should be the last spike and now should get a nice drop going forward I bet in AH VXX drops nicely to start it off  |
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Post by walnut on Oct 22, 2018 18:03:19 GMT -5
I hope it does overnight
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