Here's yesterday's Qs chart on the 1 minute bars with the VXN signal overlay. We got several nice trades out of the crosses that were confirmed by the midpanel technicals. The setups were a mirror image using the either the VIX or RVX and the IWM.The day before expiration can get squirrely as rollovers and spread adjustments get laid off, but we still got a nice bullish trend trade that took the Qs up to R3 , and later (not shown) to R4. . . at which point I went short the Qs, a position I intend to maintain for a few days as my technical signals are all screaming for at least a short term pullback.
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