Replies to post #49 on Real-time day or swing trades - SPY, QQQ and stock

[rimshot]

VXX long - 1/2 lot size purchased at 17.86 to 17.88

reserve the other 1/2 lot for VXX entry below 17.48 if seen this week

VXX = S&P 500 VIX short-term futures

1st upside target that is possible is above 18.20
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the intraday volatility and upside risk may actually increase in the next few days as this one S&P 500 internals metric rises to its prior 2015 high region:

daily chart for the % of S&P 500 components above their 50-day ema:

* in addition, the chart setup for the RSP:SPY ratio bodes for an increase in price volatility, near-term

[rimshot]

SPY sellers need to defend the 210.56 level during bounces rest of today -- see the 15min chart

* SPXEW has already tested and briefly held the November 3rd low, while SPY has yet to complete the test from above

SPY day low so far is 210.01 which matches the value of the 60min rising 21sma -- buyers need to defend the rising 21sma on the 60min chart during future pullbacks

updated SPXEW 2-hour chart -

* Alert - SPXEW has been unable to firmly hold above its 200-day sma, except briefly this week

$3242 = the SPXEW 200-day sma