Powells recent remarks gave the S&P the boost it needed to test the weekly bearish trend line and now price action is also at a strong horizontal area of resistance. Other indices such as the FTSE have retraced most of the drawdown from when markets started falling at the start of the year. The S&P also is currently testing its Weekly 50ema. The VIX,...
Historically VIX bottoms around $20 and then tends to create some chaos. As we see here the VXX RSI has bottomed and MACD is close to crossing up. Looks like an upside move for VIX and VXX soon.
Getting close to its main support for the year. All the time it got hit (this year) it reversed hard to the upside VIX is in clear uptrend for a while now. Check how and what the reaction was each time VIX gets above the trade range. Expect VIX to hit 3x plus on the next upside! Im accumulation 35 Apr calls, not going to sell those till the high, ideally in...
Watching 20-21 zone for a support. Historically VIX 20 zone is the bear/bull line. I expect that to me either tested or even broken for a fake move down and then start to explode. When VIX is at 45+ watch for the market capitulation. Ideal target for the VIX is 65+ early next year. When its moving above 35 and especially 45, no no longs for me period, only sell...
Hello and welcome to this analysis S&P appears to be still on its corrective path, the bounce had came from a heavily oversold zone. Now going forward this fall if it protects 3500 then it could be a exp flat b of iv and spend some more time sideways (triangle) or retest the swing high with c of iv. Breach of 3500 would suggest 5th to take it down to 3350...
I like how VIX is coiling, when it goes it will hit 65 area conservatively I have started some Apr 35 2023 calls today
VIX is waiting for its prime time and its coming soon imo Im bullish with VIX and will start buying Apr 2023 40 calls on Monday. There was no capitulation on the markets so is the VIX 2-3x rally! Means the markets have more down to go and the next move will be very violent! Things will start to move after the elections, means very soon!
I have checked the amount of days from Mar 2020 first spike to the main low of this VIX smile, its 491d If counting from the same low day 491d it comes to Nov 2nd! give it plus one day in case I should of start from the following day of the mid low. Very interesting timing. Also week of Nov 7th is a cycle panic week... Im only looking up in VIX
The Vix is the end all be all for stock once it spikes up. AS we look at previous cycles and price action we can see The vix is at a key level where it took off from october 22nd and september 22nd. If we get a reject or bullish confirmation look for the market to sell off because if volatility stays above 35 mark off buy areas for your favorite stocks and get...
Must hold here! should explode soon imo Staying elevated for a while, next stop wont be at 35 level but 45+
Im still very bullish on VIC and want to see 2x on VIX at min, ideally we get even 2.5-3x VIX OPEX is behind us and monthly will come tomorrow, after that we are free to move in a wider range and have new levels to be seen. Nov is a panic month!
This is getting super close. Wont rule out a fake down and then move up to above $60 level. Some out there made a bet with Apr 2023 100 Calls for $4mil plus on Fri
VIX is showing higher lows and has broken above the Brim Level of a Cup and Handle. This is problematic for a trader as it means a lot more jumpiness is coming. It's also broken out of its downtrend on both chart and the RSI. With the inflation rate going up, interest rates soon to go up in November and with more money going to be printed in the economy - this...
By now you all know the drill. Let's start with an initial framework, assess the current environment, and evaluate all below questions. are we trending or ranging? - a series of higher highs, higher lows - sellers structure is broken, we are tracking whether buyers will protect or find it difficult to hold discount? - we are tracking the lows...
Should of been super green from the open. Should of pay attention to it in am, would of save me from some stops 31.50 is the support This will blow, still coiling
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This is getting so close for a breakout and big market sell! There is also smaller C&H if it hits 31 level. Regardless of a scenario, we are very close to some real move. I was expecting this move and wanted to see a year low hit end of Oct into early Nov. It seems its going to play out well. Question is only one - how low?
Careful here, this can explode at any time imo. Ideally we see a quick trip below 30, but it doesnt have too. Lets see if we can get that move down into CPI, so far its not as promising