Some of you contacted me asking why today's market drop..
Well, you don't have to know the reason, but it's important to check VIX chart every morning before you trade.
As previously shared, when VIX up, stock market down.
Yesterday, we are seeing VIX shows fast turtle buy (DJ fast turtle Sell)... and today, FKLI follow with 1.8% drop and triggered fast turtle sell signal.
Generally DJ and FKLI still uptrend with FiFT still +ve.
However, I will be staying aside until retracement is done.
Well, you don't have to know the reason, but it's important to check VIX chart every morning before you trade.
As previously shared, when VIX up, stock market down.
Yesterday, we are seeing VIX shows fast turtle buy (DJ fast turtle Sell)... and today, FKLI follow with 1.8% drop and triggered fast turtle sell signal.
Generally DJ and FKLI still uptrend with FiFT still +ve.
However, I will be staying aside until retracement is done.
Anmerkung
Major sell-off...Never take lightly on VIX Fast Turtle Sell Signal..
Anmerkung
DJ drop 200 pts based on IG's live prices weekend marketsAnmerkung
VIX retrace a bit this week which gave us some opportunity for quick trade.
Hit and Run strategy is best approach to trade when VIX pullback with +ve FiFT
Last friday we see VIX bounce nearly signal a Fast Turtle Buy.. This is not good
Expect gap down when market open.
Next week will continue with Hit and Run approach.
Stay cool and good luck.
Contact me to learn Turtle Trading System, MCDX and other indicators (t.me/SgxFx)
tradingview.com/script/mbiUr95n-MCDX-Plus/
tradingview.com/script/mcAidXIT-FiFT-Pro/
tradingview.com/script/viAR3Ilo-Trend-Sign
tradingview.com/script/mbiUr95n-MCDX-Plus/
tradingview.com/script/mcAidXIT-FiFT-Pro/
tradingview.com/script/viAR3Ilo-Trend-Sign
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Contact me to learn Turtle Trading System, MCDX and other indicators (t.me/SgxFx)
tradingview.com/script/mbiUr95n-MCDX-Plus/
tradingview.com/script/mcAidXIT-FiFT-Pro/
tradingview.com/script/viAR3Ilo-Trend-Sign
tradingview.com/script/mbiUr95n-MCDX-Plus/
tradingview.com/script/mcAidXIT-FiFT-Pro/
tradingview.com/script/viAR3Ilo-Trend-Sign
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.