✅VIX fell again to retest the support of 12.37$
But it is a strong key level
So I think that there is a high chance
We will see a bullish rebound and a move up
LONG🚀
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THere are chances that the VIX might shoot up considering that it is approaching the 52W low. A similar thing happened in the indian markets where VIX reached 10 and shot up to 18 in 2 weeks
VIX has been consolidating for over a year now in a wedge and has so far respected the diagonal resistance line extremely well.
Markets have been on full boil non stop and the water is soon to run out IMO.
We haven't had a serious correction for over a year now too and I believe the time is now.
There's two scenarios, my first aim is to reach 21 and from there...
Hello,Traders!
VIX is going down now
But the index will soon
Hit a horizontal support
Of 12.5$ from where
A local bullish rebound
Is to be expected
Buy!
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Vix has been all but forgotten in an election year and a democrat controlled fiscal policy... Good fundamental and/or technical entry point as Fed's Kashkari hints at no rate cuts at all. Early this year markets priced in 6 25 basis point cuts now odds less than 50% we get only three. Jobs report in 2.5 hrs. will be the tell, be pre4pared to act if we have a...
✅VIX is about to retest a key structure level of 12.50$
Which implies a high likelihood of a move up
As some market participants will be taking profit from short positions
While others will find this price level to be good for buying
So as usual we will have a chance to ride the wave of a bullish correction
LONG🚀
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no matter what way you cut it, the VIX needs 12.50 before it rallies and the markets correct. We should bounce at 12.50 with an 80% probability, but before our major market correction, again we will post sub 12$ pps tape hits on the VIX, but i think we bounce again at 12.50 and continue this way until Q3-Q4 when we threaten the sub $12 market, but we may like in...
Traders,
Previously, you know that I had anticipated that our pullback might last a bit longer through May. However, today the charts are showing me that this might not be the case.
Let's start with the SPY. Originally, I had predicted a touch of the bottom of the RED channel. Then, based upon my analysis of the dollar, VIX, precious metals, and mega-corp...
When the VIX drops below $12, it's time to consider a cautious approach. Instead of jumping in headfirst, I gradually enter long positions in UVIX and UVXY calls over the course of one week to several months, while directly holding onto VIX, UVIX, and UVXY.
Past experiences with mistimed UVXY Long Calls, particularly during the pre and post-COVID periods, have...
🟡Breadth - Stocks Above 50 Day
🔴 AMEX:SPY Red Light
🟢 AMEX:IWM Green Light
🟢 TVC:VIX Green Light
🔴Leaders NASDAQ:NVDA NASDAQ:SMCI NYSE:CPNG
They are not leading but it's also feeling like there might be a changing of the guard or at least some of the guards? (New Leaders Emerge)
🟡Risk Appetite
🟢 NASDAQ:TSLA NASDAQ:DJT
...
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...
Here on the TVC:VIX we are making a very simple and very basic technical forecast based solely on the CCI.
We previously called a breakout on the TVC:VIX weekly chart shortly before our market pullback with excellent results.
Now we are examining the monthly chart for any clues to the next big breakout.
On the monthly chart CCI is pointed up on the ...
While the market leaders are indicating risk on measures are still in place there is some good news in market breadth using 10 Day MAs.
AMEX:SPY Stocks Above 50 Day - Flipping Green
AMEX:IWM Stocks Above 50 Day - Flipping Green
TVC:VIX Inverted - Flipping Green
Most people know, but there are only two relevant zones in VIX that foretell economy volatility (and the scariest buzzword of them all - a recession).
Bears love to say the market will fall tomorrow, then next week, next month, next year, next presidential term, etc... until it finally happens, and they tell you they saw it coming all along. Meanwhile, their...
First post in a long time. COVID had me too busy to do charting. Most my investments sat through in ETFS and REITs.
VIX is showing same pattern as in early 2000s, 2008, 2010-11. Market doesn't like it above this line, tends to test then bounce.
am not bullish on the market. I am mostly holding selectively bullish until we get a sub $12 dip in the VIX. That's when I go long on UVXY, UVIX, URA, possibly GLD, cash, and short SQQQ and other stocks. If you look at the 1-month to 6-month history of the VIX back to as far as it goes, like the 1999/2002 tech bubble bursting, 2007/2008 RE Crisis turned Great...
