ES<5642 & VIX>17.18 = Weak market, as a VIX above 17.18 confirms the move below 5642, similar to how daily VIX levels work, but on a monthly timeframe.
Just such exemplary care you take with explicit ´bring it all together' guidance - especially thoughtful when caution is warranted. Again and again, much appreciated.
I recall explaining to my friend back in August why it was such a bad location for shorting, so it came to mind. However, this time is quite different—trading below the MA200 with plenty of overhead supply. Day-by-day navigation is crucial.
10% correction 🎯
VIX around 27.18 premarket, interesting times!
ES<5642 & VIX>17.18 = Weak market, as a VIX above 17.18 confirms the move below 5642, similar to how daily VIX levels work, but on a monthly timeframe.
Got it! Thanks!
Just such exemplary care you take with explicit ´bring it all together' guidance - especially thoughtful when caution is warranted. Again and again, much appreciated.
Thank you, Jan! I appreciate your kind words!
Thank you very much!
Thanks, Smash! The similarities with August 5th are interesting!
I recall explaining to my friend back in August why it was such a bad location for shorting, so it came to mind. However, this time is quite different—trading below the MA200 with plenty of overhead supply. Day-by-day navigation is crucial.
Incredibly proud of your brilliant work, brother. Dangerous times 🧲
🤝
Are private posts currently open? I was told “Soon”, but that was quite a while ago.