Flash Update on the DJI

[Rintel]

A-lot of fear in the market...But there are opportunities about. Refreshing my tools this morning we have a few new observations.

My proprietary vol spread signal for the vix has reached the top end of its range. 👇

 

And secondly , when I refreshed the DOW the output was this 

I like this risk reward setup. We are long.

Good luck out there today. Stay humble

C

 

 

[MongiIG]

37 minutes ago, Rintel said:

A-lot of fear in the market...But there are opportunities about. Refreshing my tools this morning we have a few new observations.

My proprietary vol spread signal for the vix has reached the top end of its range. 👇

 

And secondly , when I refreshed the DOW the output was this 

I like this risk reward setup. We are long.

Good luck out there today. Stay humble

C

 

 

Hi @Rintel

The Dow Jones outperformed the S&P 500 and Nasdaq 100, with futures tracking the 3 major US benchmark stock indices closing +0.20%, -0.29% and -0.81% respectively. Monday was the best day for the Dow Jones relative to the tech-heavy Nasdaq 100 since May 10th. This likely speaks to struggling growth-oriented stocks, which can be largely found in the Nasdaq.

 

All the best - MongiIG

[Rintel]

Refreshed my tools a few minutes ago. I don't like what I see atm. I sold my position and banked a small10% gain.

C