Earlier just before the F_O_M_C I told you there were negatives in the intraday VXX and UVXY, which is market positive and would indicate and initial favorable response, XIV was positive so it confirmed.
Now they are flipping, they were reliable last time intraday, will they be again?
XIV is seeing a negative, it is the strongest signal.
VXX and UVXY are seeing more positive signals so this suggests the market comes down at least intraday in the near term, much like the market averages.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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