I wanted to put these in a separate post as they are moving a bit faster than some other assets...
First since we were just talking about the April 11th bottom, here's the VIX Bollinger Band Sell Signal of April 11/12...
Spot VIX Daily chart with 20/20 BB's and a sell signal at April 11th/12th bottom.
Since, yesterday nearly formed a bullish Tweezer Bottom reversal and today is forming a bullish Star as the VIX typically moves opposite the market, suggesting the market is very near topping.
VXX / UVXY Short Term VIX Futures...
1 min with a reversal process that is fairly mature.
2 min from in line to leading positive...
3 min leading positive in a big way like only the VXX/UVXY can do.
5 min leading positive
10 min from in line to leading positive, also a large divergence formed up quickly.
and a 15 min leading positive.
VIX Futures...
15 min leading positive...
30 min leading positive.
The 1 min is starting to break away on the positive side, when the 1 and 5 min are both positive we have a great timing signal, I may add to VXX May Calls
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