When the dynamic of the index can not explain weirdness, it is an indicator. When the VIX and the market are up together, it makes me seek short-term protection, especially when it is a day other than Monday.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhkwRstlsB2ABwvDYfbmVDHye86IkSEJlK-j1iaz5J30oUQkpEuyLH0Ska1twjCyXlxO87umMVvugDoLy8MrdJh_PY5oviVKIHyK_bbv4EQHarvz_ZaAGcO1o1VOsmk4w0DIX7WnpPDeEw/s400/sc.png)
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjzdq0rkPw5ShujFvrar3sIWwHOjAaonEcs9JbhekpF7qnUNiZrSxlRiB6yZ89GXCGl4YjFjTDzvHT0uCY8HC0qQozCUSCxV1817UYAercaMdaKIVumvkCPeW3SQ8IenREoNRr1rc0p8to/s400/sc-1.png)
The high frequency trader in me believes there will be a brief consolidation here, and I plan on covering this protection very quickly. (Probably around 1315.) The decline can be intra-day or multi-day, but I am not expecting a decline below 1300 or so.
(PS: Originally, I confused today for Tuesday, but its really Wednesday. Thank you anonymous commenter :)
hmmmmm.... today was Wednesday.
ReplyDeletelol. thanks. the days just begin to blend together :)
ReplyDelete