Idea for NYSE: - NYSE top and reversal structure: Rising wedge breakdown and re-test the support, high % short setup. - As we know, market breadth collapsing as SPX and NDX make new highs on low volume. - Markets are being cut down at the knees, SPX will be last to fall but it is coming. - Too many bearish divergences to not be short the greatest asset bubble in...
previous post: (posted on march 25th) We finally hit our wave 3 target, nearly perfectly. was off by $2 Wave 4 target = $336 wave 5 target = $368 spy setup:
US Futures are trading at or near their ATH's ahead of Tuesday's cash open with the S&P flat at 4,281, the Dow up 0.27% to 34,258, the Russell up 0.22% to 2,321, and the Nasdaq down -0.16% to 14,490 as of 8:30AM. The US dollar (DXY) is gaining some ground and is up around 0.30% on the day to 92.16, while the US10Y yield traded around 1.50% after recovering from a...
The VIX/SPX ratio coming into this buy area has predicted the past 3 dips in the SPX. Extremely hard to get behind all time high prices in a broken economy but then again they say don't bet against the fed.
I have been testing and researching a new strategy for a long while now and I wanted to make sure it worked before presenting, I hope you all enjoy. Without further ado, let's start off the day with tracking the core of the market. VIX, DXY, oil and debt. This is my market tracker. as you can see, oil looking good, VIX in a manipulated range, DXY looking about...
Corn futures (ZC1!) just came off the highest monthly RSI print since 2008 around an 82 handle. We're likely going to see a vicious correction in the near term. Seems like everything is on the verge of a major correction at this point. I wish the Fed luck...
US Futures traded relatively flat on Monday morning, and are sitting near ATH's to start the week. The Dow is down -0.7% to 34,308, the S&P up 0.9% to 4,276, the Nasdaq up 0.32% to 14,384, and the Russell down -0.11% to 2,329.50 as of 9AM. It's insane to me to watch quantitative hedge funds underperforming retail traders, while asset valuations becomes more and...
Idea for Stocks: The Lotka–Volterra model makes a number of assumptions, not necessarily realizable in nature, about the environment and evolution of the predator and prey populations: 1. The prey population finds ample food at all times. 2. The food supply of the predator population depends entirely on the size of the prey population. 3. The rate of change of...
The relationship couldn't be more clear. It will be a great summer for equities, then crash, I guess lol :)
I've closed every other position, staying in cash and playing for SPX correction because: 1/ SP500 RSI falling down 2/ Strong trendline broken 3/ Selling Volume increased My strategy is simple: BUY SPY Jun30' 415 PUT for 3.85db, because VIX is realive low SIZING: only a little of my CAP is used for this binary play. Stop/my risk management : Closing...
Watching VIX early this morning. (Opinion only)
Idea for QQQ: - Wave frequencies synced. - Distribution cycle mapped. GLHF - DPT
Vix (log scale) is extending losses after the existing home sales print this morning - we're now down over 16% on the week after last week's spike to 21, and approaching the long term support trendline (in red). Let's see if markets finally roll over, and Vix becomes the most crowded trade on the street again.
US Futures are treading water after yesterday's aggressive buying spree saw us recapture lost 50DMA supports across the majors. The S&P is down -0.04% to 4,212, the Dow is down -0.6% to 33,741, the Russell is down -0.31% to 2,274, and the Nasdaq is down -0.3% to 14,124 as of 9:00AM. Bitcoin is crashing and is down around -5% on the day, and down over -15% on the...
Long UVXY 32C Jul 23 for 5.30 debit SPX possible LPSY and top of risk range:
Vix has been consolidating for a while, making my options relatively cheap to buy. I generally discount the fib time zone tool because it is entirely dependent on how it's drawn. It is easy to fall prey into drawing to fit the pattern after the fact and therefore very prone to being a subjective tool. But this is at least interesting to draw to get a sense of...
US Markets are experiencing a technical bounce on Monday after last weeks Bullard spook/Fed hawkishness on Wednesday. EURUSD looks poised to test the 50DMA as early as today, but according to polarity principle, we should see a rejection if we do, and a continuation of the recent downtrend (toward the 200DMA around 1.157). At the same time, I expect the 50DMA on...