Quote from: MTL4 on July 26, 2019, 02:44:22 PM

Quote from: nattybear on July 26, 2019, 12:35:45 PM

Ughhh there I go trying to use it as tradeable insight again... Roll Eyes

VIX has been on a steady downward trend all month.

VIX is getting pinched right now so be careful being too long at this point since it looks like we could have another pullback in a month or two before another possible leg higher.

Haven't heard much from MA on the DOW lately (at least on the public blog) although he did compare himself to Einstein and Galileo back on July 19th. Cheesy

Yea, I find it strange MA only talks about the Dow especially when Nasdaq and S&P are now rising, S&P breaking 3K and Nasdaq making new highs. Did Socrates state the the Dow broke 27K but was a little over bought and is now consolidating and forming a FLAG on the weekly chart? IMO this is a clear sign of the Dow preparing to move to a higher level. If people wait for conformation (reversals) the move is over or almost over.