Expecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
Expecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
CBOE:VIX ... it is ready to explode!
VIX FiFT is green MCDX+ Banker's Volume surge since 19 Oct. Turtle Traders were advised to stay out when VIX FiFT is GREEN. Continue to stay out as currently VIX ATOM Buy 36.5 is Resistance level. VIX is expected to continue hoovering around this level for next week waiting for major event to complete. ---- Major Even ---- Nov 2 ISM Manufacturing PMI Nov...
Peak Volatility in the near term. This is not about elections. This is not about COVID. We are in the midst of a Global Insolvency Crisis. Bills are due...
As predicted, VIX hit resistance on 4th sep and it starting to drop on the following week. We are seeing almost all indices hit support and bounce starting week of 8 sep where bargain hunting and buy on dip signal appears in most of the US stocks VIX has making 7 consecutive lower lows which very likely it will bounce (Stock might take a hit for this bounce. So...
VIX is bullish since BoD signal on 19 Aug. VIX is seems to hit resistance on 4 Sep and form Dark Cloud Cover Bearish Reversal Candle. This Reversal is valid only if VIX drop and close below 27.8. FiFT still +ve and ATOM still BUY. However, there is a sign of Hidden Bearish Divergence. Note: We want to see VIX to go down in order to have Stock to go up. VIX is...
So here is an easy ta for SPX 500 compared with VIX: Last days bulls bounced off from 50 SMA (3206) and now try to break 3240 resistance. So range we moved last weeks is from 3000 as very important support to 3240. I guess next weeks could be important because there bulls and bears will decide, if the double top pattern is finally finished or...
9 Jun – VIX Fast Turtle Buy on Dip (First Warning) 11 June – FiFT Turned GREEN. Market sell-off 12 June to 28 June – High volatility. Many people buy high sell low. Trapped. Most people lose money between 9 to 28 June. 30 June – VIX Fast Turtle Sell (Market start to rally) 1 July – VIX Slow Turtle Sell. FiFT Turned RED. Note that EMA200 is next support level...
August will be a politically volatile month. VIX Aug futures r 2nd most active series. Technically the mkt remains above the Longest Line so value favors the highs. The Andrew's Pitchfork is trending up with good target levels against UML (red arrow/MIN target) Watch for violation of recent VIX highs at 37-38. Note the boxes, maybe repeating again heading into August.