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Strategies & Market Trends : John Pitera's Market Laboratory
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To: The Ox who wrote (16864)3/24/2015 2:27:36 PM
From: Hawkmoon1 Recommendation

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Davy Crockett

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We've been seeing more instances where both SPY and VXX are in the red..
Yeah.. I'm watching that too today.. Seems that someone is trying to pressure the VIX in order to prevent the SPY from selling off..

But now seeing some of that pressure come off as the VXX is heading up now.. 25.17 currently

I'm also watching the weekly PSAR to see if the downtrend tick gets violated.. It hasn't "flipped up" on my realtime. If not, it could suggest exhaustion in the SPY..

Hawk
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