Publishing the daily chart of the SVXY to track the movement over the next few weeks. As mentioned before this is a short-term, short-VIX etf. This has been one of the more profitable longs over the last few months as the vix has gone to its lowest points of 2023. In my opinion where the short-vix products go, the markets follow. Not picking which way it...
The SVXY peaked right into the target of 104 at 103.65 For wave 5 of 3 of 5 we just saw wave 4 low . we did the exact in most every Aspect in svxy and the sp 500 . this lead to the last draw out battle from july 6 to july 27 final peak. 20 days if we align the two time frames we get a TOP 1/ 11/2024 see chart golden ratio spirals they are near...
The chart posted is that of SVXY the SHORT VIX as you can see we have been a rather clear channel at each of the red arrows we had high VIX and they also match up with high put buying each was a LOW .The Green arrows we had Low Vix at each we had high call buying each was TOP or high . But you see the double arrows both green and red they were at every...
Chart of the week is SVXY: <-- SVXY is an ETF that is inverse of the VIX commonly called the volatility index. Inverse means that when VIX goes down SVXY is planned to go up (various conditions in the market could cause this to not actually happen = RISK). Today I am seeing the potential for an aggressive long position in SVXY above $84.50. A more conservative...
The chart posted in that of svxy short vix index as you can see that it ahs been a very good signal as to when we have some of our turns . This is also showing a bearish divergence on RSI a spike in vix is nearing
For anyone trading these markets, this chart is one of the most important ones to watch. SVXY shorts the vix as an etf. It is very reactive to changes to the down side. They are short, short-term VIX, hence any spike in volatility sells this off. This looks a bit topped and should this sell off, we'll see some gnarly VIX spikes in the next few weeks.
SVXY runs inverse to UVXY- it was trending up for weeks but fell off the cliff with the VIXX spike on the fed news of the debt rating downgraded ( like the US posting an earnings miss) a 7% adjustment in almost no time. The analysis now is the red candlestick pattern is that of inside bars, a Doji then a green bar and a red. The zero-lag MACD has had a line...
SVXY is the ETF shorting the VIXX ( and UVXY) which pumped hard this past trading session. It goes up when volatility goes down and vice-vera. VIXX is expected to drop after the trama in the market starting at 1PM when the Treasuries auctions were duds with little transactions occurring and the financial data reported in the late morning. SVXY dropped...
The chart posted is that of the svxy Short vix It is now setting to see a rather huge move Up in VIX
The vix has been holding itself under water for sometime .And now we finally had a very nice textbook NON_CONFIRMATION see rsi failed
weve gained in the market, shed short volume on vix, shed weight on short vix, and lost slightly in svxy. if you study the long term picture svxy is near breakout. 69.69 and 79.79 roughly are levels to beat before were really in the green to clear $100 as the market rebounds. ive drawn a path that can hopefully outline what the topping out proccess could look like...
Kind of a pattern going there on AMEX:SVXY ? I'll wait for $46 and ride back up again, maybe $45, or will it fall like a knife. Willy can help a little here too but not so much on time-based charts. Remember this requires a K1 at tax time. I don't do advice.
Can use MACD with SVXY that is designed to increase by default, wait for it to cross up, and target when it crosses down again. I don't do advice. Enjoy.
Really not much to say - Vol is artificiality crushed. Top right bottom - note the volume. There is none. I am long Vol.
bullish divergence daily RSI & MACD bull cross $oon sell climax will be reached this week, followed by santa rally to push VIX down driving SVXY back toward $60
So on the SVXY any time we have a very large spike to the down side pay attention to the price rejection on the bottom of the red candles with extremely large wicks 9 times out of 10 the following day we have a solid green day. Today is only the second time in 2021 we have had bad to back extreme dips with a slight green day in between the two huge red candles but...
Short SVXY starter position. Short SVXY shares is superior to credit spread IMO. Not quite ready to add to UVXY calls yet.
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