THE HINDENBURG SYSTEM IS CURRENTLY SHOWING NO DEATH CROSS
THE HINDENBURG SIGNAL FOR TODAY IS OUT
Currently the VIX is above its volatility midpoint. This means we are NOT ok for entering into our hedge position at $13.63. Traders will want to wait for the market to calm down so that they are not buying options that have neen over-juiced and diminish the chance of success. This might come as a surprise to some, but given the volatility by call action, things are still a little juiced before we get a sideways day. So stay away from the hedges just yet.
Paul "Bulldog" Hudson, Chief Investment Officer
Darwin Investing Network