Not only traditional volatility, but the strength in the 3C signals is getting really impressive. Take a look at VXX (Short Term VIX Futures), it seems someone is making a big bet on increased volatility, which means the market goes the other way.
This is our typical leading positive divergence in VXX on the 2 min chart.
The area above is highlighted as the 13th, note the huge move in the leading positive divergence now.
Here's a 3 min positive divergence.
Here's the same period from above to the left (8th-13th) and look at the leading positive now.
A typical 5 min positive divergence...
The same 5 min positive to the left (13th) vs today's super leading positive divergence. I might even consider adding some Calls to UVXY if we get a pullback.
Futures Update BR-EXIT Edition
-
So the conventional wisdom couldn't have been more wrong. Those chasing
risk and closing hedges couldn't be in a worse place right now. I would
still remin...
10 years ago







No comments:
Post a Comment