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Pay attn to VIX...
Hello all
There is lot of talk about dow hitting highs every day and every one saying stocks hitting record each day. So , here is what i am watching.
JNK bonds have already broken daily cloud and currently pulling back
VIX had very thick kumo before and it failed to break that. Look at kumo now. Very thing and macd right on zero line
NQ is still bullish but my slow macd is crossed down. I pay attn to that cross as it is half the speed of normal macd.
Also, i scanned my watchlist for stocks ( just major stocks) and most of them are looking toppy and dying momentum.
So question you gotta as yourself what is your game plan here and how do you want to play it. Get ready fellas..
There is lot of talk about dow hitting highs every day and every one saying stocks hitting record each day. So , here is what i am watching.
JNK bonds have already broken daily cloud and currently pulling back
VIX had very thick kumo before and it failed to break that. Look at kumo now. Very thing and macd right on zero line
NQ is still bullish but my slow macd is crossed down. I pay attn to that cross as it is half the speed of normal macd.
Also, i scanned my watchlist for stocks ( just major stocks) and most of them are looking toppy and dying momentum.
So question you gotta as yourself what is your game plan here and how do you want to play it. Get ready fellas..
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