ES makes a Lower Low, VIX Higher Low.
Sounds about correct for the VX Complex.
Trading the 50 with no break yet implies a RAT for Indexes.
.382s remains the RT POs as weakness is prevalent.
__________________________________________________
Keeping VX collared is not working, the E YM NQ RTY continue
to sell to lower POs.
Proximity to Margin Calls is the danger now.
Mid / Large Cap Winner remain in Distro.
Sounds about correct for the VX Complex.
Trading the 50 with no break yet implies a RAT for Indexes.
.382s remains the RT POs as weakness is prevalent.
__________________________________________________
Keeping VX collared is not working, the E YM NQ RTY continue
to sell to lower POs.
Proximity to Margin Calls is the danger now.
Mid / Large Cap Winner remain in Distro.
Comment:
YM Bleeding out - 650
Comment:
It has been a Higher Percentage Trade to SELL underlying Index Futes than Buying the VX Complex.
Disappointing Collar there....
Disappointing Collar there....
Comment:
It was not until today we saw it begin to get its ass in gear... remarkable as it indicates the SELLOFF is intensifying.
Comment:
VXX front run of the LArger 50% 2x today.