1 H. G.Cross : Since Covid's low 12 not yet & 6 done 30M G.Cross: since January 2021 14 not yet 7 done ---------- - 1H chart 66% we still have volatility/headwinds a head of us - 30Min Chart 66% we still have volatility/headwinds a head of us In a nutshell: There is a 66% chance we still have some steam for volatility/head winds
I see many people posting this pattern online... I think its possible.
I know there are several ways to read the spy here, but this is very much so a possible option for a market crash...
14.86 / 14.46 / 13.89 UVXY continues to ride the Weekly Rail South. The Volatility Complex remains under complete control at present. It is tempting to wade in ahead of the FOMC for traders. It is ill-advised - we see how the NQ/VXN Arbs are trading. VXN makes New Highs / NQ hugs the 15950 with runs to the HWB @ 15967 Sold...
next wave about to start per chart, we are doing steps up then consolidate on the red bar and continue this way. This has been doing this since OCT market reversal. Same part same consolidation same rises that follow. I expect a repeat here. Oct 3 of down day (Dip buy) and then continue up the top channel
Tapering of bond purchases will start “later this month” Reductions of $15 billion each month, $10 billion in Treasury's and $5 billion in mortgage-backed securities from the current $120 billion a month that the Fed is buying
chilling out while tapering is in progress !!! Could it has priced in tapering in our last spike.
17.55 remains the Pivot for Reversal. It can/does dip into .618 - .764s prior to reversal. The VIX remains in a downtrend until it breaks. 50% Sells on indexes have traded this AM Session. Resistance treaded First @ out 988 Target for NQ, 16034 remains the upper Boundary - IntraDay. ___________________________________________ Where is Deep Support on the...
Hi folks! Please see my linked post for a much more thorough argumentation for my positions - both technical and (the much more important) fundamental ones. An update on the current since my last post: - SPY still snuggling on the resistance that is the broken trendline from march/april 2020. - The Fear and Greed index just turned "extremely bullish"...
Mind levels for the VIX for October Roll/Settle November has other Ideas taking shape. We are quite likely going to see another VX Incident ahead of November ROLL/SETTLE. The same applies to the VXN... Put Buying is Non-Existent as the deranged chasers are all in on Call BETS. We are positioning in VIX M1/M2 & VXX at Levels. Listing ahead, near capsize. 398...
2 Resistances holding VIX 1/ Down channel 2/ July-September trend line. -FOMC'S meeting is the key here, we could see at least a month of bearishness on VIX = Smooth bullish move for MKTS till end of 2021.
Hi folks! See my Previous post for more information - in short, I believe it is really about time to start hedging long exposure to the broad U.S. Stock market. T.A. Arguments: - SPY tested both the massive broken trend line from march 2020 yesterday and got rejected. - This Coincided with a rejection off the upper 1D Bollinger Bands. - The insane long term RSI...
Here's a potential path ahead for the VIX indicator in the shape of the handle on a cup which began being built back in early May 21' (as shown in the graph below. $SPX overbought with a strong negative RSI divergence. My intial target is the 24 - 26.5 range, but if it were to break out I might reassess.
We are still below the 50d MA which is indicating a bearish momentum for VIX, bullish for MKKS. We usually stay for 5-11 days below 50d MA then go back up again, not this time around !!!
3ed attempts is usually a game changer whether going up or down.
Hello Traders! The volatility of the sp500 and the price of the sp500 is in a very strong negative correlation, in the past 90+% of the time when the s&p made a new low and vix didn't made a new high that was the bottom and vice versa for the top. We also reached a key fib level. If we see more confirmation I'm confident taking risk off positions from this...
VXX (M1/M2- VX) is showing signs of Life as the VVIX Pivots around 105, our indicated Pivot. It's going to require next week to continue to resolve as M2 appears to be catching the Higher Bids now as M1 continues to spread its 30 Day Maturity forward. Many are going to be caught offsides...
Hard to say if market crash will happen soon, but it will happen before June 2022 based on all the VIX moves. I am long on VIX & UVXY till VIX hits 20+ Then I will sell my position and evaluate. We are holding key level of support, and bounced off of it again today. Lets see if we can hit upper channel by early next week.