The home of the innovation of the Logarithm of Time as applied to the Markets.
We also watch for and correlate with major Bradley dates and Fibonacci Time and Price sequences.
Thursday, August 19, 2010
Market probably resuming decline today.
Sometime during today I will probably go short..watching $vix for entry point..
Hi Bill, Actually in this case, I'm looking at the chart posted here, the $RUT rather than the $VIX. You can see the failure just happening at the heavy magenta trendline. I'm using TZA and SRTY to short the Russell 2000...
Sometime during today I will probably go short..watching $vix for entry point..
Mark: What technicals are u using on the $VIX, to indicate an short entry point on, I assume, the S&P500?
ReplyDeleteHi Bill,
ReplyDeleteActually in this case, I'm looking at the chart posted here, the $RUT rather than the $VIX. You can see the failure just happening at the heavy magenta trendline. I'm using TZA and SRTY to short the Russell 2000...
Mark
I was watching $VIX yesterday, but decided to trust what the $RUT chart was telling me instead...
ReplyDeletePlus, I noticed, using Bigcharts that the weekly stochastics had rolled over to the downside...
ReplyDelete