Idea for VIX: - Falling Wedge Breakout, Re-test the Wedge and enter upward ML Channel. - Using 2N-2.2N Frequency SL. GLHF - DPT
Time to revisit our SPY/Vix chart (log scale). As you can see we're still at the top of the range, and looking poised for a market correction any week now. The stochastic RSI is showing weakness, with both the RSI and MACD rolling over on the weekly and monthly time frames. Looks like we could be in for a rough couple of months ahead, folks. Trade accordingly...
Looks like the bond market knows something stocks don't (again). Same divergence here that we saw running up to the March 2020 crash. We're looking at SPY/M2 compared to the US10Y yield (in white). The last time the 10Y yield was in free fall, stocks continued to climb, ignoring the signal, only to crash a couple months after the divernegce began. Let's see what...
As the majors drift sideways on Wednesday afternoon, after a bullish morning, Vix is at the LOD (18.16). When you look at Vix from the weekly timeframe, the trend is quite pronounced, and we're at solid multi-year support. It looks like things are going to get very wild, very soon, and from a macro perspective that makes perfect sense. I'm well positioned for...
Vix (log scale) is extending losses after the existing home sales print this morning - we're now down over 16% on the week after last week's spike to 21, and approaching the long term support trendline (in red). Let's see if markets finally roll over, and Vix becomes the most crowded trade on the street again.
The Vix recently caught a bounce off one of the lowest weekly RSI prints since 2013. We've seen support each time the Vix hit a weekly RSI of 41, and so Vix may finally be on the verge of a notable spike soon, which leads me to believe that the Fed may surprise markets today by being more hawkish than expected, or opex (quad-witch) on Friday may be a disaster for...
Trade for SVXY: - Price has been rejected from the rising upper channel's median line. Shorting the re-test and 2nd rejection. - Price is at the short entry-zone (sliding parallel) of the downward channel, and must return to the median line. - Corrective structure (Measured Move Down) suggests price will reach bottom of downward channel. GLHF - DPT
Let's take a look at the Vix with a Heikin Ashi candlestick, and on a log scale. Notice the RSI on the monthly timeframe is 43, after hitting a similar RSI high in March 2020 (80) to that of Nov 2008, when the RSI was around 80 as well. The post November crash RSI low in the Great Recession crash was around 40, and we're at 43 now on the bounce. In 2010, abruptly...
We're seeing a massive landslide of wins across the economic data spectrum this morning, with Retail Sales coming in hot at 9.8% vs the 5.3% expected, Retail Sales ex-auto coming in at 8.4% vs the 4.9% expected, jobless claims coming in at the lowest level since before the pandemic at 576k vs the 695k expected, and finally continuing claims came in at 3.73MM vs...
Chart self explanatory. We are going to new highs, the wave barely getting started. Same ol same. Market has spoken
Self explanatory, the channel it has been trading that has been bullish all along, now it seems like it's retracing back to the top of the line which means 400 is next. Long here with ease even with eyes closed. So far I nailed all my past ideas and this one you can Mark it too. Up from here boys
UVXY making tops and dropping so predictable. Market going for all time highs. Trading has never been easier
No follow through after yesterday's big candle w/ 36 holding as resistance. Potential path if $ES_F can hold 3800 and move higher $TVIX $UVXY $SVXY $VXX $VX_F $SPX $SPY $QQQ #Trading #Stocks #Volatility 💥
Has been consolidating in green area following bear flag in July. Could see a turn here, but will only get something of significance if clear 200dma $TVIX $UVXY $SVXY $VXX $VX_F $SPY $SPX $ES_F #Trading #Stocks #Volatility 💥
The vix has a history of forming explosive price wedges. It wouldn't be a stretch of the imagination to say we're forming a new wedge here. Also, I suspect that we're on the verge of a new upward wave in volatility from here- it might just be a lower high in a new wedge. The market has gotten way ahead of itself and there are just too many new traders piling into...
Has held up recently, but looks to have formed a bear flag. Lower bolli opening. Implies equities have more upside in near-term. 36 has acted as resistance the past month $TVIX $UVXY $SVXY $VXX $VX_F $SPY $SPX $ES_F #Trading #Stocks #Volatility 💥
HEADLINE: Looking for short confirmation on the VIX TICKER: VIX SUMMARY: Waiting to see if the current support level for the VIX will fail and our strategy will confirm a short on the 4 hour. STRATEGY USED: Momentum Mover Trend Confirmation = Fractal Trend Entry Signal = Breakaway Scalper Exit Signal = Breakaway Scalper OR Orderblock Mapping --- DESCRIPTION:...
Now that VIX is in backwardation, it is a good time to bet on it. VIX reached one of its all time peaks a week ago and has been on a cliff dive since. EXIV tracks EURO STOXX 50® Volatility (VSTOXX®) at a -1 multiple. (www.stoxx.com) Although it is not directly the VIX, VSTOXX closely mirrors the VIX. As it is turbulent times, I think EXIV can reach at least the...