SPDR S&P 500 (SPY)

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MVP, even though I am a very short term trader (15 min to 30 min time frames) . I agreed with you 100%) . I have seen and monitored VOLUME in real time several occasions on CAPITULATION days which having a very high VOLUME selloff , untill that day happens , this market will grind lower until everybody throw in the towels and abandon ship (vix will be in the range of 35 to45 ). More than decade ago , I still remembered the day that I made 35k in one day , I went all in when VIX was at 35 and sell one day later( full long position WCOM SUNW BAC LU VOD ).

Thanks for sharing your work .







Thanks, 359

Stay alert ! get out if wrong

Some days you've got it & some days you don't. Recognize the "Don't got it Days" & stay out. (omadan)

It is better to take a small loss than to wait for it to become a profitable trade. (Dr. Farooq)