$VIX chillin at 13 still buying maybe a small pullback before a break of the double top. $spx $spy $dji
Simple line showing the lower high on VIX for the weekly for the year. Unless this thing screams past 21 I am long on the $spx index 2nd half of OCT into holiday season and EOY.
Classic tweezer top on the daily for VIX in oversold conditions. Might see 2950 tomorrow as they spike it above the MAs on $SPX
A close over the 50 then its a test to 300. Support over 300 and off to the races. Plan to see this next month and bank last 3 months of the year.
Showing strong support at 288 for the week. Nice candle long wick.. heading UP UP UP
Taking a long here for friday.
I want to continue to sell PUT side premium but for now closely watching the VIX and the Index. VIX still above 50MA.
Update showing the upward trend continuing and the gap up from friday back into channel. Still long for now...
Play the upward channel this wont resolve downward until next election or some very sneaky news IMO. Plenty of fuel for the upside here. VIX hovering at 12 and dropping is a good sign for longs.
Probably consolidate ahead of China deal then whip to ATHs. Easy money here next 2 months.
I think Friday we see another rip to the top of this channel then maybe a pullback. Everything is screaming BUY.
A look at the SPX... might chop around for a while here, good for Premium sellers
This will probably remain flat until it rips again on Wednesday.
SPY daily long positions with a nuetral outlook. Youtube video posted!