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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (18663)	1/30/2017 3:01:09 PM
From: John Pitera	Respond to of 33421

HI OX, that VXX chart had the RSI going through the floor.... interesting to see how high the volume was in the first couple of hours today. I realized yesterday that the VIX was so low that the Trump admin had been taking a victory lap about how it was demonstrating how strong the markets were... and then the weekend bruhaha of the vettting at the airports and the additional protests and the Bloomberg headlines of Merkel's concern, the global concerns..... that's one really nice thing about Sunday night globex...... I did a bunch of short term shifting and cut my stock exposure significantly Sunday night at 9 PM...... after looking at what was going on, and seeing what week one of TRUMP ADMIN had yielded. thanks for your insights.... I find the VIX futures and ETF's fascinating instruments. JOhn