We had another very large VX divergence this morning after VX broke out of its bull flag and soared above 19.20. However, ES remained flat and VX came all the way back.
Now is the critical retest of both the bull flag and 19.20. If it doesn't hold id expect a squeeze on ES, but this is a great spot to enter short ES.or SPY and stop out if VX can't hold.
Remember the simple analysis for this week was:
VX above 19.20 and QQQ below 485 = bearish.
Now is the critical retest of both the bull flag and 19.20. If it doesn't hold id expect a squeeze on ES, but this is a great spot to enter short ES.or SPY and stop out if VX can't hold.
Remember the simple analysis for this week was:
VX above 19.20 and QQQ below 485 = bearish.
You reap what you sow.
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Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
VIP Lifetime Access Program:
ko-fi.com/c/0cb5bf9514
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
You reap what you sow.
VIP Lifetime Access Program:
ko-fi.com/c/0cb5bf9514
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
VIP Lifetime Access Program:
ko-fi.com/c/0cb5bf9514
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.