I am still long and continue to be so given the fiscal as it is. However I will be short if see the Vix backwardates in response to growing US-Russian tensions. First signs of a potential Vix backwardation usually starts off with a quickly raising front month Vix and then the whole Vix curve starts inverting.
We are what looks like a perfect setup for an SQQQ rise which would mean a QQQ decline. Currently it's been trading in a descending wedge and about to cross over on the daily MACD. This is followed by low RSI and and some near term gaps that need to filled. I think the question is how far does the NASDAQ have to decline again for these gaps to be filled? Could...
Idea for VIX: Momentum, Value, and Earth strings are once again about to meet, creating Volatility. The Black Swan's supergravity is inevitable... Soon the loop will be closed. GLHF, DPT Disclaimer: We absolutely do not provide financial advice in any shape or form. We do not recommend investing based on our opinions and strongly cautions that securities...
If XRP breaks out above the descending channel, we may see a retest of the recent high around 1.84. Having said that, the intrinsic value of some of these instruments are almost irrelevant. All we know is the sentiment around the price, and at the moment it's bullish. We've fallen quite drastically to major support (21 day EMA), and are now poised to see a...
UVXY looks poised to double in the immediate term to a 10 handle. Let's see if we get a Vix breakout (above 19.70) by the close of trade today. We'll need to see it hold for the previous resistance level (18.80) to act as support going forward...
This is the weekly chart for SPY. As you can see its Overbought on all 3 major indicators. This explains why VIX is increasing. Please be careful as the markets are very volatile right now
Increased demand from perpetual fiat debasement and free money, constricted supply from cargo ships blocking supply routes, Covid lockdowns. This is a recipe for disaster. Inflation is coming folks!
The 1.618 Fib (415) is holding up as resistance for now. SPY is sitting at a 414 handle, and is notably below the upper band of the ascending channel, as well as the 21EMA (h). We've caught light support at the 50MA (h) on the open, but as of this moment, it's not looking good for the bulls. If sentiment remains shaky, the house of cards may finally come crashing down...
The Dollar (DXY) is seeing support at the lower band of the wedge, and if it holds, we could be looking at potential upside to the 95 level, where our monthly target is sitting. If we lose this support, the dollar has downside to the previous low from February around 90.
Vix is seeing consecutive rejections at the 21 day EMA, which is sitting just below a previous support level turned resistance. If we see a breakout above this level today, we have initial upside to the 50DMA around 20.9.
Would you be comfortable holding SPY calls for the next two weeks ?
"One or more traders laid out a roughly $40 million bet that the Cboe Volatility Index - often called Wall Street's fear gauge - will break above the 25 level and rise towards 40 by mid-July," finance.yahoo.com Try to play it with VXX for 1x leverage to the vix and UVXY for 1.5x leverage to the vix. It is a good way to have some volatility protection.
Idea for VIX: - Testing my new Heisenberg's Uncertainty Bands indicator (HUB). Hypothesis: - Whenever price (time factored out) breaks out from the 5th Fibonacci level, it signals that greater volatility is approaching. Expectations: - As price becomes more certain (buyers and sellers agree to a level or trend), the uncertainty range of price contracts, and the...
This is a small analysis of bank nifty's charts to set up a trade for 19th april. Important levels: no trading zone -> 31900-32240 long above -> 32240 to 32400(1st t) short below -> 31900 to 31725 (1st target) stop loss of 90-100 points. rrr = 1.6 - 1.9
a different perspective of equity markets performance , market is beating the covid-19 fear , but ongoing recovery seems too optimistic for now , many stocks have unrealistic overvaluations and many of them have undervaluations as well. entire global markets could go deeper corrections & rebalance before the next robust recovery. trade at your own risk. good luck.
Let's take a look at the Vix with a Heikin Ashi candlestick, and on a log scale. Notice the RSI on the monthly timeframe is 43, after hitting a similar RSI high in March 2020 (80) to that of Nov 2008, when the RSI was around 80 as well. The post November crash RSI low in the Great Recession crash was around 40, and we're at 43 now on the bounce. In 2010, abruptly...
VIX is headed back towards the lows. Interesting to see what happens.