added the $VIX index to an analysis to support the last $SPX idea; there is no certainty about the timings, just estimated movements and patterns
-Volatility needs to go down. -Expect a good amount of sideways movement from the market -Good time to sell call/put options!
What Is the Cboe Volatility Index (VIX)? The Cboe Volatility Index (VIX) is a real-time index that represents the market's expectations for the relative strength of near-term price changes of the S&P 500 index (SPX). Because it is derived from the prices of SPX index options with near-term expiration dates, it generates a 30-day forward projection of volatility....
Spy has taken out 2 previous lows which triggers stops as we can see in the volume. Holding VAL and regaining VAH can start trend reversal meaning we have the supply to do so. IF there's a seller in the market we will take out VAL and test the low of 428.87.
SPY another dip to buy! confirmed Same ol shake and bake in play, and now the market is retracing it's typically dup buys. Very good spot to buy given the huge selloff volume at market open
There is some Fed Fud going on right now with a busy economic calendar. We studied the Spanish flu and what is happening with covid. During both events there are very similar sentiments. Does this mean we will trade this scenario NO this is purely a study of the two events. With that being said. Here is what we came up with. ...
Weekly Triple negative divergence in FFTY for the RSI and MFI - not shown here but you can quickly check it. No trading advice here. Chart and comments are for entertainment and educational purposes only. For Trading Advice, seek out a professional.
First time this pattern hits in a LONG TIME. Right before debt ceiling hit!
So far January has been the most volatile month, followed by Feb, Mar and May. September, at times felt like, might really do some damage - but we lacked in volume to do any real damage. But check out the natural curve thats forming for this whole year. We are now towards the tail end of it - maybe we end September on a mild note, and then Oct, Nov, December - we...
Idea for UVXY: - Vol Compression Cycle nearing its end. - Long October. - The 'Big One' is approaching. GLHF - DPT
All charts and comments are for entertainment and educational purposes only. For Trading Advice, seek out a professional.
Sept sold off into July's VAL we had monthly options expire and we also had a futures contract roll over Now that its month end lets see if the big money managers push price up to collect their commissions for the month In order for this to happen we need to gain our VAH level if we gain that we can mark price (inventory) into the gap and push our upper...
Anticipate the Globex Gap Up to return as the VIX tests 22.40s - the Daily Pivot for the VIX. The VIX exceeded its lower Objectives, on the Daily - 22.40 was the Level. The Sell has the potential of providing support to the Indicies as it is Friday. A great deal will depend upon Employment Claims, Flash Services and Manu PMI. In turn, it can pivot at 9:30 AM...
Hi Guys, the above is Ichimoku daily applied to the 4H chart (54;156;312;156). Also the daily moving averages 50 & 100 have been converted to show in the 4H chart (50=300;100=600). Below the Daily chart with its standard Ichimoku (9;26;52;26) but without Chikou and Tenkan. The opportunity was presented when price cleared the Tenkan(4H) outside the Kumo(H4)...
2 days ago I said to go long and now I'm aceing. I see the same continuation of this, for 2 reasons: 1. News are throwing bearish news still which should trap/fuel the rise more against the shorts 2. The same pattern (Psychological social talks) is the same, meaning the same 'tricks' and/or games that the same people/news have done is being reused. I see this...
AS per usual, VIX continually being used as a liquidity pusher for the market and the pattern is quite obvious. Shorting VXX futures here could be quite rewards
Hi Guys, since Evergrande warned about the risk of default on August 31st, the SPX slipped into the Kumo accompanied by the following series of events: 0) Aug.31 - Evergrande warns investors about the risk of default; 1) Sept.6 - Trading in Evergrande's bonds is suspended following "abnormal fluctuations"; 2) Sept.8 - The group plans to suspend interst payments...
The VIX broke its .500 by 2 Ticks to pull back towards its 22.25 Support Level. VXN, no different, the pullback towards its Support from the Measure move of the GAP to the Highs. The indices will complete their retracement measured moves ahead of the FOMC tomorrow, entirely normal after yesterday's extremely large Volume Sells. We anticipated a Retracement...