I worked on this chart all night and believe it holds the key to the future. Through these lines and the trends outlined on this chart, I do believe will predict the exact future price movements in the VIX and hence the overall market.
BEHOLD.
Disclosure: Egregiously long UVXY.
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There is no dick and balls in your chart, Sir. Therefore, it is suspect.
Truth be told, I’m in absolute agreeance with this. Market will crack soon.
this chart looks like it was painted by numbers for dicks and giggles.
Where’s Waldo?
Willing to miss this play for right now with tax plan headlines occurring daily and turkey day right around the corner. If the tax plan gets done before Thanksgiving (which is apparently the goal) and this market is still propped up into/after Thanksgiving, definitely scaling into a long vol position.
This song has been playing on the radio for 7 years, I am glad I changed the channel 6 years ago. Its a bull market until it aint, plain and simple.
Agree that it is a bull market but even bull markets require a pullback from time to time to rebuild the negativity required to sustain the bull