Thursday, May 21, 2015

Friday VIX collapse finale

The lower Bollinger Band on the daily VIX is 11.55.  A volume-less, dead Friday before a holiday weekend provides an excellent opportunity to put a cherry on top of this thing.

Upper daily SPX Bollinger is at about 2140.

Have a nice weekend.

Detroit ... before ....




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2 comments:

  1. christiangustafsonMay 21, 2015 at 12:25 PM

    UVXY has been riding its lower daily BB down for a week. Split-adjusted below $8 now ... ouch!

    IMO VIX needs a capitulation move here, and the long weekend sets that up perfectly.

    ReplyDelete
  2. AnonymousMay 22, 2015 at 7:26 AM

    That VIX call is looking quite good here.

    ReplyDelete

Always enjoy good conversation and exchange of ideas.