I took a VIX trade live on Friday with the S&P at support and no major catalyst. The weekend stayed quiet and the trade is playing out nicely. Plus the Almanac’s November edge, SPX back into the range, crude’s double top inside a double top and the Double Dip.

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More earnings carnage overnight and the S&P is back at the range lows it has held for months. Will this be the one that breaks them? Plus 2 risk free Double Dip butterflies, crude dings $104.50 and Bitcoin falls out of bed.

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The Fed went sput sput fizz, GOOG dropped 11.5% after hours, and the indexes carried on behaving. The Double Dip strategy banks its first official win on SPY with $165 locked in as a minimum profit floor.

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Day 2 of the opinion lining up with the system. S&P and Naz push off the range lows, VIX loses its nerve, the PnF breaks out toward 7820, crude’s triangle grows up into a channel, and the Poppers lock in a loss then a profit. Storm Boelo optional.

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My direction call was right for exactly 1 day. The S&P and Naz are nudging off the range lows, the uncles are stalling, VIX has come down from its espresso high, and the SPX point and figure chart needs 7720 before the bull breakout switch flips.

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Carpet bombing declared and withdrawn inside 45 minutes, a VIX that can’t get through 20, and the question the community asked me over the weekend: how do you trade a market that swings like this when you haven’t got time to watch it? Trade through, or go up a timeframe. The new strategy fired 3 bullish setups on the daily chart on Friday. Crude is almost at the 104.50 bull target, Bitcoin is turning off the channel lows again.

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