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Post by theMist on Jul 1, 2019 20:49:48 GMT -5
Jim's video
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Post by theMist on Jul 1, 2019 20:57:31 GMT -5
Starting to feel like the old days with 8% contango want to see that continue VXX Daily Chart |
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Post by theMist on Jul 2, 2019 9:12:19 GMT -5
My beloved VIX Scams are back. Thank you Lord Contango over 8% and even with markets red -- SCAMs are nice and RED just like the good ole days  IMO spot vix finally headed back to 10 area like old times I am so loaded up -- a ton of short TVIX, UVXY  |
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Post by theMist on Jul 2, 2019 9:15:46 GMT -5
VXX Weekly Chart VXX is finally going to drop down and start pressing on its lower BB after breaking support Next target for VXX 23.42ish area (lower BB weekly) VXX currently 24.25  |
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Post by theMist on Jul 2, 2019 14:09:45 GMT -5
Secrets of theMist S&P DailyOne of the reasons why I love Bollinger Bands You see how S&P became extremely over sold and really pressed and was outside its lower BBS on this chart (circled areas) From that extreme oversold, the markets look to shoot higher and press against its upper BBs the longer it takes with little pullbacks the more S&P rises. It slightly tapped upper BB on 6/10 but did not press hard thru it. Would have been better for Bears if had. Anyway, I wouldn't think of selling S&P until you see it pressing hard and thru its UPPER BB and not saying won't be with small pullbacks along the way. And even so, keep in mind S&P bullish patterns measure over SP3k now  Here
Here it is on weekly chart  |
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Post by lasvegas77 on Jul 2, 2019 14:50:32 GMT -5
The vix seasonality for the year usually has a trough right before the 4th of July.
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Post by theMist on Jul 2, 2019 14:57:28 GMT -5
The vix seasonality for the year usually has a trough right before the 4th of July. Good to know LV. I like what I see so far and we have quite a bit of time left before this months VIX Futures expiry BTW - that was a major support that VXX finally broke thru. You can see it on the weekly chart I posted earlier |
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Post by lasvegas77 on Jul 2, 2019 14:59:21 GMT -5
What's going to happen to the market if the fed doesn't lower interest rates like it is expecting?
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Post by theMist on Jul 2, 2019 15:03:46 GMT -5
What's going to happen to the market if the fed doesn't lower interest rates like it is expecting? That's not going to happen They already came out and said 1/2 basis point cut would be too much but 1/4 pt cut in the cards Fed would lose all credibility if didnt cut. They will do it as insurance. Also, the China trade agreement is being delayed on purpose. It's Trumps ace in hole for election year. Also, if you noticed, markets took off on a tariff truce. I believe would have been worse if we got a trade deal over the G20 weekend. Why?! Simply because would put rate cut in doubt then. just my 2 cents |
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