high 19s are due if we can hold above high 18s. were headed for that same resistance and if we break the quad top it will close the gap at 20.05 . short targets are lower horizontals if we cant hold high 18s and the middle line is what i think would be a good pivot. TRAMA is flatlining, and VWMA is wobbly but if we start to see red crossing above blue and trending...
Studying the VIX on the monthly chart. Looking at the dot com bubble and 2008 crash you can see the VIX works in some pretty massive waves. Looking at today we are in a some kind of new massive wave considering we haven't had a proper market correction in 10+ years. Can VIX break past 100?
uvxy has seen a lot of choppy action for weeks but the trend has been upward. if we keep seeing TRAMA and VWMA rise together on the daily and double stochastics signal remains bullish we should end the week higher as long as spy stays under 400 holding mid 18s uvxy would indicate were due for a trip back up to high 19s
if we hold the 18.50s and break upper 19s retracement will be good enough and well be over rising vwma and trama if we reject 19.75 and close below a significant low on the 5 minute then stiff overhead resistance means were in for low 18s. if we see that close into the upper 19s were headed over 21
its clear that uvxy has stiff overgead resistance, but if that breaks we could see over $21 soon. prove the bear case and its moreso back to $16.
we are coming off the first weekly higher low at all time lows since the corona bounce. we havent had a major weekly bounce since then. id imagine if we do close this week somewhat lower, and trend down into next week its likely to send uvxy over 21. if SPX continues its daily bounce next week id imagine were headed back to all time lows UVXY 13 or less.
Expanding triangle Target: 49.5 In Elliot-Wave theory, triangles have 5 sides and each side is usually subdivided into 3 waves. Analysis valid as long as the channel stays intact. Equities will micro-bottom mid-June before the commencement of the melt-up rally! Earlier analysis: 48.5/49.5 achievable with an extended market correction. Implied volatility...
the 15 minute seems like price want to fall back into the vwap channel and go for a touch of vwma
$UVXY looks primed for a move to the upside. Looks like a double bottom and a breakout bull flag may push this to 17 tomorrow, which will push the market a little further into the darkness temporarily. If this holds true then it will give more truth to our 432-428 target on the month for the $SPY.
$UVXY looks like it's on the verge of breaking out to the upside. We a falling wedge which broke out to the upside and now price has found support on the top of the structure. Usually that indicates a large move upwards is coming. If it starts moving, I can see a quick move up finding a final target of around $62. Let's see what happens over the coming weeks....
We seem to be making a bottoming formation and within this I see a janky head and shoulders pattern. I think we are slightly over bought on lower time frames but we could move higher and the key to that here is volatility. NFA, DYOR
Still new to this, but bare with me. I think with RSI and the MFI showing a cooling off it could run up before next week.
The index seeks to offer exposure to market volatility through publicly traded futures markets and is designed to measure the implied volatility of the S&P 500 over 30 days in the future.
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management Bitcoin and the US markets all seem to be losing steam after rallying for the...
The cash VIX at the end of June 2021 found very strong support at 15 and could not close below. Since that timeframe we've seen higher highs. Since Nov 4, 2021 the cash VIX has made higher highs and lower highs and is therefore in an uptrend until we make a lower low. The VIX uptrend can also be seen when zooming out on the weekly and monthly chart. Yesterday,...
UVXY offers daily leveraged exposure to short-term VIX futures, designed to capture the volatility of the S&P 500, in a commodity pool wrapper. As a geared product with daily resets, UVXY is designed as a short-term trading tool and not a long-term investment vehicle. Returns over holding periods greater than one day can be, and often are, significantly different...
The Vix / UVXY has been in an uptrend for a few months now. you can see the MAs moving up. With all the horrible news, the Vix should be rising. The only thing that can be occurring is the government getting involved...
VIX has been spiking with TLT/LQD, but the last few times just seemed to help turn it around. Looks similar to the new year, in orange. Volatility has been exploding, per usual. Every 2 years since 2008, Vix has made a new support 3pts higher, shown in solid white. I just read an analyst saying 18 is likely the bottom for some time. TLT/LQD has also been on a...