Read the Beforeitsnews.com story here. Advertise at Before It's News here.

By Trin Cafe
Contributor profile | More stories

Story Views
Now:
Last hour:
Last 24 hours:
Total:

Mind The Vix

Monday, May 4, 2020 11:26

% of readers think this story is Fact. Add your two cents.

If we are using SPY as our view of the overall market, it has to be put into context with what the VIX is doing. The VIX is up +3%, traders are taking a cautious start to the week, the VIX is still trending downwards. Without any real conviction in either direction, I will be flat for today until I see a better opportunity to participate.

May 4th, 2020, SPY S1 280 R1 295

With a high VIX/volatility, it makes finding cheap options to trade damn near impossible, not to mention a lot more risk to capital. It’s a clear sign to me not to force any trades for the sake of being in a trade. It’s 1120am in NYC, in today’s choppy market conditions, I am content to call this day an early wrap. I will be back in the morning looking for an opportunity to trade.

VIX May 4th, 2020

“Be nimble, this market is primed to move big in either direction.”

Source: http://www.trincafe.com/2020/05/mind-vix.html

Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!

Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST

Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)

Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!

Nascent Iodine - Promotes detoxification, mental focus and thyroid health.

Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).

Comments

Online:
Visits:	1,602,875,849
Stories:	8,148,275