While volatility pulled back following a spike earlier this month, this week will put it back to the test with the FOMC meeting (on Tuesday and Wednesday) and economic releases throughout the week, including S&P Global Manufacturing PMI, ISM Manufacturing PMI, JOLTs job openings, S&P Global Composite PMI, S&P Global Services PMI, ISM Services PMI, nonfarm...
We saw #yield, US #Dollar, & #oil looking decent & trading with some strength. #stocks are a tad weak but so is $VIX. Want to show this chart again. CBOE:VIX can trade in the ORANGE support vicinity for 2 years. Every so often it'll have a fast and furious rally. Seldom does it hit YELLOW support area but when it does, it usually signifies that upcoming spike...
Overnight, multiple Chinese stock markets established new lows, setting the negative tone for the European trading session and futures markets in the United States, with all major U.S. indices diving into the negative territory ahead of the regular trading hours. So far, the SPX has failed to get through the psychological resistance of $4,800 and establish new...
There is a Spinning Top Pattern inside a Falling Wedge Pattern visible on the Daily Timeframe with Bullish Divergence on the MACD and a little bit on the RSI. If this plays out, I think it could atleast come up to the 200-Day SMA which is where it has topped out after the last several rallies we've seen in the UVXY.
Good morning update. The TVC:DJI is still within the range. Logical as investors are awaiting CPI on Thursday. This will guide on cuts to #InterestRates. The SP:SPX showing some strength & currently in small trend higher. But the CLOSING is VERY IMPORTANT. Day range is nice but always respect the closing. TVC:VIX is weakening again. TVC:RUT is still...
TVC:VIX is rearing its head again. Last time it sputtered when it roared. Let's see what happens this time around. See how the RED LINE keeps pressuring it lower? It has been trading under the average since late Oct. Well, the Yellow line will either GIVE or Push it Higher. It is going to happen sooner rather than later. SP:SPX AMEX:SPY
OVERVIEW As of 12/12/2023, CBOE:VIX is at 11.82. There have only been a handful of periods over the last 30 years where stock market volatility is at a similar level, including 2007 and 1994. Some would argue it implies an increasing level of volatility will be due in 2024. What is the VIX? The CBOE Volatility Index, is a real-time market index...
TVC:VIX is almost @ the MAJOR SUPPORT level we have spoken about many times. IF this 12 area is broken it has a history of going as low as 10. Sub 10 = R A R E! Pulling back to this area after a high VIX, then normalizing to a low #VIX, it has signified a GOOD CBOE:SPX RUN. After some time, shortest span was 2 years, the VIX eventually trades higher &...
"When the VIX is low, look out below!" + FEDs motto "Higher for longer" = Fed rate hikes to go: 2-3 left it is pivot time, change of market dynamic from "bad news is good news" to "bad news is bad news". state of economy is not good and it will start sinking in to investors and public
Following yesterday's green stock market reaction, we compare on today's analysis VIX (Volatility Index) to the S&P500 (SPX) price action on the 1D time-frame. Our goal is to find clues to how the Volatility Index can affect the stocks. As you can see, VIX is trading within an Ascending Triangle which 2 days ago got rejected on its top (Higher Highs) trend-line....
Stated a while ago, not sure if we posted here but did elsewhere (see profile), that we had short term Treasury exposure @ 50% but it's 75% atm. (it's a placeholder until trend changes) Should've been shorting the entire time down. TVC:DJI @ support but this area has not been a strong level. However, we are severely oversold so that bounce can be close & it...
Good Morning! The TVC:VIX is having a hard time in this area since March of 23. The SP:SPX is the most oversold since 9/22 but it can get more than what it currently is. However!!! Peak oversold seldom is the bottom! Only 12/18 was an oversold bottom. 1/22 was a temp bottom. Big bounces are likely best to short unless there's a big change in technical...
🚨 🚨 🚨 TVC:VIX is showing warning signs. It is forming Higher Highs but also slightly lower lows. Forming a potential Triple Bottom PRSI has Positive Divergence. BUT What really gets me is the 2nd BULLISH ENGULFING in a month. Shown by the 2 yellow arrows. As stated before, we do believe that before September ends there's going to be a big move.
The VIX has formed a Bullish Bat and is currently trading at the HOP level with PPO Confirmation and MACD Bullish Divergence. If it plays out, I think the VIX could at least see $15 again.
Good Morning SMALL THREAD While we did call the NASDAQ:NDX weakness & top, at that time we didn't think it would be as bad as it got, at least I didn't. Last year we really thought TVC:VIX would break out & the markets would collapse. Our original expectations didn't pan out but we, mostly I, changed as more data came in. We called a bunch of bounces &...
by Hedging or simply buy/sell from zones or even option it 😎
TVC:VIX mini inverse head & shoulder pattern has gone way of dodo bird Long term trend has been broken for some time We stated long ago that the direction this would be broken would show how #stocks would react What does SP:SPX look like it wants to keep doing? Will post quickly right after this #SPX #VIX
Monthly line charts are so simplistic; yet so important to analyze. If you've read my previous DOW posts you know we are closely following the 2000-2002 bear market cycle vs. any other bear market and this chart further confirms my thoughts. Notice how the VIX today (2017 to present) vs. the VIX 1994-2000 timeframe is diverging with the S&P. Both are making...