Yesterday's post profiled some Qs/VXN reversals. Today's deals with what happens when the Qs and VXN successfully cross. While we managed to scrape a few dimes out of yesterday's trades, the Qs/VXN reversal at 10:30 that continued until 13:00 yielded a nice .50 gain, almost the entire hi-lo range for the day. We then got another reversal at 13:00 that ran to 14:00 and kicked out another .20 gain. While these types of returns are a bit unusual, they are certainly welcome and the setup doesn't get much easier to see.
Side note: I've linked a real time 5 minute bar chart of the Qs on the right of the blog with the pivots, parabolics and 11 and 30 linear regression lines.