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Strategies & Market Trends : SPY & QQQ intraday chart observations by rimshot
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To: rimshot who wrote (330)6/13/2022 11:36:20 PM
From: rimshot  Read Replies (1) of 1309
 
$VIX upward projection comment made on June 13, 2022 by AJ -

" I'm just looking for a test of 38.94 around July 1 or 5. "

==========================================

Message #330 from rimshot at 2/9/2022 4:28:31 PM

$VIX with first sub-20 close since 1/14/22,

settling at 19.96 as a slew of strong earnings reports
this evening including DIS pushed the index below 20 after hours

==========================================

$VIX - For those of you who are wondering how $VIX
typically does after seven consecutive up days,
it is not surprising that mean reversion kicks in.

Average decline in VIX in 3 days is 11%,
with larger declines as time stretches out:

17% in a month going up to 23% in a year

* via Bill Luby twitter feed, January 26, 2022
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