Being short so far has not been profitable as we have been getting whipsawed in & out. Has the sentiment changed today ? Any reasons why this isnt a false break? Look forward to reading your newsletter tonight. Cheers
Wait until you see the S&P chart we'll be running in the Tuesday Quick Takes Pro.
As for sentiment, the last breakaway gap I can find in the VIX was at the start of the year. To refresh your memory, that was a peak that lasted until the current trading range.
2 comments:
Being short so far has not been profitable as we have been getting whipsawed in & out. Has the sentiment changed today ? Any reasons why this isnt a false break? Look forward to reading your newsletter tonight.
Cheers
Could be. Volume was still light.
Wait until you see the S&P chart we'll be running in the Tuesday Quick Takes Pro.
As for sentiment, the last breakaway gap I can find in the VIX was at the start of the year. To refresh your memory, that was a peak that lasted until the current trading range.
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