I've told many of you who I talk with through the day about this signal - but it is so strongly set-up here that it is possible that we never see these prices again for a long time, perhaps even longer.
When you get a VIX as high as it is...
throw in a rising market....
and throw in a collapsing VIX...
it tells you something big is going on....
that people are SELLING CALLS on this rally.
We might gap-up overnight or just between the close and the open tomorrow - possibly enough that will keep people from wanting to buy at those HIGH prices ... and prices will climb again.
We'll see what the setup is tomorrow, but for now - this is as GOOD as a GREEN LIGHT as you can EVER get, as far as I'm concerned.
How to trade it is the challenging part.
Likely "TO THE MOON" from this setup.
3:18PM NOW
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