It could be a good time to hedge current holdings with ITM VIX calls at least 80 days out. Historically these past two years when RSI levels on vix are this low we tend to see some sort of spike within 30-50 days. However, do note, past "normal" market years (pre-2020) have sometimes not had a VIX spike during the end of Q4 and early Q1 of the following year.
We could/might see some spike in coming days we have the diver on all time frames only the daily diver is not happing yet. Stay nimble for a possible dip or a pullback in SPX.
We are near the trendline, seemed like we hold it, BUT the breakout that happened in the lower time frame seems to fail... Given market position + VIX is starting to rise + we did 3 cycles on the long side, I think now it is a time for this trendline to fail...
The VIX Roll Yield was 398 Ticks of Spread on Settlement. It has since come into 336 Ticks VX1/M1 over Spot. The Curve has remained in Contango for the second-longest period since the creation of the Volatility Complex in 2004. 273 Days remains the prior longest Contango Duration. ___________________________________________________ Roll Yield close over 20%,...
Insane we got to this level... I never buy near the low due to not having patience to wait. No worries. My average is just under $18. UVXY will see $20+ again soon. Perhaps end of this week or early next week. Stay patient. VIX is at 15 which is a steal to buy at. Market rsi too high, we need the vix to regain for a week.
I usually perform what I like to call, "Correlation Checks". I do this on a Daily with SPY & VIX to understand when is a good time to either look for trades or sit on my hands. Whether to Play Calls or Puts, or whether or not I will decide to swing a trade overnight. Usually VIX likes to bounce in between 15-21, so if you understand this, you can have a higher...
TLT (20 year bonds) / JNK (junk bonds - aka corporate riskier debt): Falling slope means Risk-On appetite for the market.
With the VIX (volatility index) beaten back down, this opens the door for a monumental up move in markets.
SPY Historical Prices based on recent VIX (90 day look-back) Implied Move lines, OPEX. POC. Dealer gamma. Price levels projected by peak and and low VIX levels during rallies and dips. Intended for leveraged 90 day Spy options. Long and in vertical spreads.
Hi folks! If you believe that technical analysis has any prediction power at all (I highly doubt that it has in any other environment than highly speculative ones due to self-fulfilling prophecy) and you are net long the S&P500, then you might want to rethink. - Very soon (possibly) testing broken trendline from march 2020 - Massive divergence on volume since...
Looks like wedge support made a wick as it stands right now. Things could get very interesting!
The Vix is resting on support in a descending triangle. Its a long from R:R perspective. Expecting to test the sloping downtrend.
The ES has completed our Price Objective @ 4546 during Globex. It did exceed it by 1 Tick, 2.5 Ticks short of an ATH. The VIX falling back to its 50% can provide a Lift to the ES to new ATHs. With the widespread on VIX Settle, higher remains in the Trade as the continued effort to Lift the Equity Complex and turn the weekly indicators to a BUY is losing...
We just broke our last major trend line of lows. We have 2018 trend lines 2 of them and we have 2018's trough as well as our last and 3ed target. MKTS should/could/might have a big run a head.
The VVIX was cornered to the 105s, as soon as this Level was violated the 100 Level. Gaps were filled on the VIX M1 October as we began to Settle November. This left a lower Gap for the settled Front Month / M1 - November. The HIgh Low Close - 16.10 / 14.70 / 15.35 for October Settelement. The HIgh Low Close - 19.70 / 19.30 / 19.325 for November...
VIX broke our last major trough and wen back again we are entering into our historical patters where by we go back again above the 50d MA.
Vix reached a huge support line which continues from April month and broke the falling wedge downtrend line. GOOD LUCK!
Idea for UVXY: - VIXex today, seems Long Vol is being abandoned as a hedge (!?). Delightful entry for me. - 17C Dec 17, 3.35 debit. GLHF - DPT