VIX is hanging out at resistance right now. Maybe a small bounce up before a turn. Negative divergence occurring in the BPSPX and SPX. I expect a little more up and then a reverse from there. Will try to give a very detailed post on Wednesday as life is getting in the way again...
Just a little more up...
VIX is hanging out at resistance right now. Maybe a small bounce up before a turn. Negative divergence occurring in the BPSPX and SPX. I expect a little more up and then a reverse from there. Will try to give a very detailed post on Wednesday as life is getting in the way again...
This is probably the only time we are going to see a market like this in our lifetime. So lets make the best of the opportunity. I am going to concentrate on mainly trading the S&P 500 index using Elliott Waves and other TA. I will mainly be using puts and calls on SPY, but at times will trade SDS and SSO also. Do your own due diligence of course. Do not take any of my commentary and technical analysis as recommendations to purchase stocks or options. I do not currently trade the E-minis.