If VIX index closed lower than yesterday and today’s VIX closed lower than today’s VIX open, and today’s SPY closed higher than 200 day simple moving average and today’s SPY open lower than yesterday’s low, then buy on close. It has 92 percent chance of winning but payoff ratio is only 0.17. See attached summary and detail trade entries pdfs

Given that we have a buy signal on 8th trading day of August (previous post), we are in the August option expiration week (previous post), we are looking at 3 bullish signals at the close of today 8/12/2013.

vix_oc_ns

vixocnsSummary

vixocnsDetail

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