To: rimshot who wrote (641 ) 8/26/2021 7:05:26 PM From: rimshot Read Replies (1) | Respond to of 1118 $VXO daily with indicators related to the $VXO price & momentum - stockcharts.com Message #641 from rimshot at 8/24/2021 2:25:13 PM stockcharts.com the "smoothed" 55,2 %B ( 0.53 = current value ) for the Inverted $VXO has bounced back up to the 0.50 region as of 2:19 pm Eastern time today, August 24, 2021 meaning neither bulls nor bears have an edge at this single moment using this as the sole method of risk / reward assessment shown above is the $SPX daily closes chart displayed with: * the 3 and 89,2 EMA smoothing of the invisible 55,2 %B for the invisible inverted $VX O * this alternate version shown above adds at the chart bottom the pure & not smoothed 55,2 %B for the invisible inverted $VXO * potentially actionable items are: 1. the white and dashed green horizontals placed on the 55,2 %B portion of the chart scale, as well as 2. the 3 EMA crossing above or below the 89,2 EMA thereby treating the 89,2 EMA as the signal line, as well as 3. the 3 EMA and/or the 89,2 EMA crossing above or below the 0.50 dashed green horizontal placed on the 55,2 %B portion of the chart scale** the actual timing in advance of any bullish OR bearish directional slope divergence events by the smoothed 55,2 %B compared to the simultaneous price direction by $SPX is likely the most important aspect of this tool set ** Alerts of impending $SPX directional shifts are not always provided in advance using these chart settings ==============================================================in advance heads-up for producing Alerts using Scott's chart settings method which is applicable to bulls & bears over time - daily $SPX closes chart displayed with: * the 3 and 89,2 EMA smoothing of the invisible 55,2 %B for the inverted $VX O stockcharts.com