The VIX dropping below 20 for the first time in over a year would be hugely significant, and most likely cause a breakout in SPY towards 400.
It's currently hugging that level in anticipation of the FOMC meeting tomorrow which could well be the catalyst that pushes up over the edge.
VIX "wall of fear is approaching." What characterizes the volatility index indicates increased activity. The analysis shows that fractal construction has taken place in the volatility index. We have reached the ascending stage of this fractal. This indicates increased price movements for different asset classes. This phenomenon indicates panic. Although it can...
If it can break this resistance line, then we may see the genuine fear!
I wish you good profit!
- The index, stock, commodity, etc. I share here should not mean that I personally take a position.
- It is important that my shares are not interpreted as buy-hold-sell advice in any way.
-Please process according to your own...
Because of alot of signs I'm startig to hedge my accounts.
This means most of my trades are frozen for now and I'm not on full throttle long (most of them are long via stock and short via cfd: frozen).
Hope for the best and be aware of the worst.
That’s my opinion and should be treated like it.
No trade advice!
It is election time in the US. The S&P 500 has seen some price corrections in the weeks prior to the Nov 2020 US election. So it's fair to take a look at how S&P 500 prices react in the weeks immediately preceding previous US elections going back to 2002/03.
I have used both the s&P 500 price chart and the S&P 500 volatility chart in this analysis.
The S&P 500...
So seeing the SPX momentarily lose its shit today with that drop made me blurt quite audibly, "Just what the hell is going on here?" So I brought up VIX and lo and behold we were impulsing. The good news is that this impulse *appears* to be over and should subside in due course. It is actually good to be bearish in VIX, because the implies slow (usually) rallies...