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kiy

01/10/18 10:38 AM

#18471 RE: handsdo #18470

TVIX...60minute...

Thanks; the Intro page is loaded with facts/truths, the ETF section is the most important to me...keeps track of money rotation into the many different sectors/industries...

60minute TVIX...a 20period Bollinger Band=3day average on the daily chart is inside a 65period BollingerBand=10day average on the daily chart.
You have a "mean reversion" to centerline = the 65 moving average...you can read the technical indicators on the 60 minute chart to help tell you how price is acting at this important average (10day is one of the Grail averages) = knowing that the 10day average on the daily chart is being tested. The 60 minute chart is going to point direction...= tells you if price is going to fail at the 65period and recycle down or continue on to overbought..."relative" to the 10day moving average on the daily chart.
Anyway it's an interesting chart...I'm going to find this chart and get a 65 CCI on it...