6/9/17 VIX update. Watching the queen of the sexy VIXens to dictate the market top

in vix •  8 years ago 

Could today be the day the markets top out? First leg of the new VIX short term buy signal is "likely" in after this morning's VIX open at 9.75...ish. I rate that price a long term buy and hold but let's see if we can pick it up a tad lower.

This chart is likely "delayed" by 10 to 15 minutes over real pricing

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Index&symb=vix&x=52&y=16&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=15

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OK, so the VIX now generates a "less than" 1 day gain of 10%+ from my buy price of 9.75 as it now trades "live" at 10.70. Options playas in teh weeklies should certainly be banking gains here. But my call was for a longer term trade so simply look to add to the position on weakness. And weakness may come from this short term sell signal. Sell signal will be wiped out if the VIX trades through a "guesstimated" 11.00. This shit is waaay more fun than video games. :-)

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=vix&x=44&y=13&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=15

banked over 3000 today on qqq puts want the same from uvxy calls next week. hope we see some follow thru on Mon.

upvoted!

Get me to .05 and I will split it with you. :O