Some of you contacted me asking why today's market drop..
Well, you don't have to know the reason, but it's important to check VIX chart every morning before you trade.
As previously shared, when VIX up, stock market down.
Yesterday, we are seeing VIX shows fast turtle buy (DJ fast turtle Sell)... and today, FKLI follow with 1.8% drop and triggered fast turtle sell signal.
Generally DJ and FKLI still uptrend with FiFT still +ve.
However, I will be staying aside until retracement is done.
Well, you don't have to know the reason, but it's important to check VIX chart every morning before you trade.
As previously shared, when VIX up, stock market down.
Yesterday, we are seeing VIX shows fast turtle buy (DJ fast turtle Sell)... and today, FKLI follow with 1.8% drop and triggered fast turtle sell signal.
Generally DJ and FKLI still uptrend with FiFT still +ve.
However, I will be staying aside until retracement is done.
Not
Major sell-off...Never take lightly on VIX Fast Turtle Sell Signal..
Not
DJ drop 200 pts based on IG's live prices weekend marketsNot
VIX retrace a bit this week which gave us some opportunity for quick trade.
Hit and Run strategy is best approach to trade when VIX pullback with +ve FiFT
Last friday we see VIX bounce nearly signal a Fast Turtle Buy.. This is not good
Expect gap down when market open.
Next week will continue with Hit and Run approach.
Stay cool and good luck.
Contact me to learn Turtle Trading System, MCDX and other indicators (t.me/SgxFx)
tradingview.com/script/mbiUr95n-MCDX-Plus/
tradingview.com/script/mcAidXIT-FiFT-Pro/
tradingview.com/script/viAR3Ilo-Trend-Sign
tradingview.com/script/mbiUr95n-MCDX-Plus/
tradingview.com/script/mcAidXIT-FiFT-Pro/
tradingview.com/script/viAR3Ilo-Trend-Sign
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Contact me to learn Turtle Trading System, MCDX and other indicators (t.me/SgxFx)
tradingview.com/script/mbiUr95n-MCDX-Plus/
tradingview.com/script/mcAidXIT-FiFT-Pro/
tradingview.com/script/viAR3Ilo-Trend-Sign
tradingview.com/script/mbiUr95n-MCDX-Plus/
tradingview.com/script/mcAidXIT-FiFT-Pro/
tradingview.com/script/viAR3Ilo-Trend-Sign
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
