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Re: BRONSON post# 35887

Monday, 10/21/2019 3:22:06 PM

Monday, October 21, 2019 3:22:06 PM

Post# of 39190
I've been watching the 5minute SPY chart all day and it just won't give up.
Hence, no traction yet today for TVIX.

You are correct, that has been the trend since 2009. A lot of stock for big money to distribute to the retail sheep, so taking some time still is reasonable. This has to break before things get to frisky to the downside.
Dow is currently mid uptrend channel. Could test top or bottom. Don't know which yet. Money supply is definitely a significant factor in that.