Author: Jeff Pietsch
08.05.11 – VIX Prints 39
If the ECB can broker ANY credible deal at this point, it may be time to swing for the fences with VIX near 40. NEVER INVESTMENT...
Read MoreECH Leading Weeks Ahead of Crash 8-5-11
In the past 2 months I’ve been tracking volatility of ETFs and futures according to a formula that normalizes it in relation to the 200 day standard deviation of their True Range. ECH, or Chile’s stock index tracking...
Read MoreWhere is Trichet’s Bazooka?
We have quickly shed 11% since 1350 and lost eight months of gains in just a couple of weeks. We are back to November 2010 level with a jumpy VIX. The current crisis in Europe is drawing parallel comparison to the...
Read MoreMeasuring the Correction: Updated
[Updated for SPY Close, Dividend Adjusted] You wanted a correction — and rightly so — you’ve got one. The SPY is -12.5% off the May 2 highs. The most recent run beginning July 22 has price down just over...
Read More08.04.11 – Gap & Cr@p
Price has come off the November channel just a bit back up to VWAP. Volume is extremely heavy on horrid internals.
Read MoreFlashing Neon Swan
[Posted 11:07 am EST] Just because it’s cool and flashes…. We are entering the November SPY $120-123 potential support zone. However, that was long ago and this move is now feeding on itself.
Read MoreOversold Rally
The indices ended with minor gains, but we finally broke the 8 day losing streak and closed near the intraday high. The mood was panicky after the ISM Service number and may have caused a temporary capitulatory bottom....
Read MoreHourly Volume Check — Wow!
After months of anemic volume…. Large spikes are often associated with capitulation, but I’ll have to run my studies to confirm significance later in the...
Read MoreGeometry and You
There’s the possibility that a move to $128.50 might be seen in SPY this afternoon or tomorrow. This would be based on a projection of triangular move illustrated below. Provided the up trending line is not violated and no...
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TraderPlanet’s Quick Guide to Candlesticks
