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spencerdavis2000
spencerdavis2000

Peter I would appreciate it if you would take a look at the VIX or VXX. I ask because today for some reason without any downside movement of the market the VIX and VXX made a huge move up today. I believe this is a tell of some sort but wanted to also see if some downside Vix projections where invalidated and are there any upside projections on the Vix or VXX ?

Again, it is highly unusual to see a non sell off sideways market with that much upside movement in the Vix and VXX

In Aug of 2020, the Vix and VXX moved up along with the market. When weird things happen like this, it is usually a "tell" --- using a poker term :-)

daniel039209
daniel039209

should we assume that we would need a close below 16350/16375 to marginally keep mini downside target in force?( rough est of lines at end of day) or what is the level to invalidate this very short term forecast? we are 16385 +/- this morning

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