Good evening, Smash. Thank you for this great analysis. I feel quite prepared to take on and work the market thanks to the weekly and daily analysis. I wanted to ask you a question. I see that you share a daily summary of the day in 10-minute candlesticks. What do you consider to be the best way to visualize the VIX without creating too much noise? What timeframe? Thank you. I'm asking to find out how to improve VIX readings
On the other hand, I'd like to ask you, if you give a level at 6770 as "Additional," is it treated as the TPOC that it is, or do you consider it in another way?
Hey! No special reason the recap uses 10-min bars. For the VIX, the timeframe doesn’t really matter—the key is to watch ES orderflow once VIX hits resistance or support, and generally track the relationship between ES FUT/FDT and VIX RES/SUP for potential divergences. The 6770 level was just the M-period high, acting as resistance in after-hours trading. Interestingly, it became a pivotal level during today’s RTH session.
I understand, Smash. I shouldn't focus so much on the VIX's price action, but rather on how it's trading relative to the ES. Thanks. I activated the high and low for period M in the chartbooks, and I honestly didn't know they were so relevant. Thanks so much for everything!
Thank you very much!
Thank you Smash! Let's get it!
Good evening, Smash. Thank you for this great analysis. I feel quite prepared to take on and work the market thanks to the weekly and daily analysis. I wanted to ask you a question. I see that you share a daily summary of the day in 10-minute candlesticks. What do you consider to be the best way to visualize the VIX without creating too much noise? What timeframe? Thank you. I'm asking to find out how to improve VIX readings
On the other hand, I'd like to ask you, if you give a level at 6770 as "Additional," is it treated as the TPOC that it is, or do you consider it in another way?
Hey! No special reason the recap uses 10-min bars. For the VIX, the timeframe doesn’t really matter—the key is to watch ES orderflow once VIX hits resistance or support, and generally track the relationship between ES FUT/FDT and VIX RES/SUP for potential divergences. The 6770 level was just the M-period high, acting as resistance in after-hours trading. Interestingly, it became a pivotal level during today’s RTH session.
I understand, Smash. I shouldn't focus so much on the VIX's price action, but rather on how it's trading relative to the ES. Thanks. I activated the high and low for period M in the chartbooks, and I honestly didn't know they were so relevant. Thanks so much for everything!