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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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To: yard_man who wrote (128422)7/20/2019 3:38:38 PM
From: GROUND ZERO™1 Recommendation

Recommended By
Hawkmoon

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Well, it IS a buy wiggle, BUT the VIX is an inverted index, therefore it's a sell wiggle...

Here, take a look at the most recent 3 days in the chart below...

On day 1, an outside key reversal...

On day 2, a higher high and higher low with a lower close...

On day 3, a higher high AND lower low than day 2 and also closing higher and or near the high of the day and also closing above the high of day 1...

This is truly a classic 3 day buy wiggle pattern...

BUT, the since the VIX is an inverted index, it's a classic sell wiggle indication that these markets are more likely to move lower and not higher...

Clear now???



GZ
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