Contextually, not much changed after Friday's session. I will use Friday's closing spike base to assess the short-term strength or weakness. The main objective for buyers is to break the pattern of lower highs on daily.
Hello, first of all I would like to thank you very much for all the information and analysis that you share with us, and I also want to ask you about the vix, what do you mean by it and thank you very much
VIX is simple when VIX moves higher / markets move lower / and if lower then markets move higher. It provides guidance when entering a position, I also use ADD/DEC for NYSE, which confirms the direction of the markets.
Thank you, buddy, as always much appreciated. I will have your levels ready.
Same
Thank you @smashelito
Jackson Hole Friday. Should provide volatility. Check last time JPOW spoke at JH. wild movement.
If sellers cannot keep momentum and it gets to 4400, it is a cinch to squeeze back to 4425
Hello, first of all I would like to thank you very much for all the information and analysis that you share with us, and I also want to ask you about the vix, what do you mean by it and thank you very much
VIX is simple when VIX moves higher / markets move lower / and if lower then markets move higher. It provides guidance when entering a position, I also use ADD/DEC for NYSE, which confirms the direction of the markets.
Hahah nice we look at the same thing.
I also use DOM without it is impossible to trade.