Just working on the forecast model. Practice makes perfect. This is my bullish Elliot Wave Forecast. I think bullish (for VIX) - just look at M1 for a start, but there is more investigation to be done... However: “The test of a first-rate intelligence is the ability to hold two opposed ideas in the mind at the same time, and still retain the ability to...
Based on the seemingly neverending optimistic narratives in the MSM, you'd think the economy is a rocket ship, heading for the promise land, where every family in the US is going to be taken care of by the government, and Fed, who have no agenda other than to do everything in their power to help you. Your thinking about the stock market, and with jobless claims...
VIX hits suporting trendline (already tested twice), so it could bounce once again. this is not a recomendation, just something what I've spotted
US dollar index is rising overnight. S&P was rejected at 3800 and on the way down since, futures see m to confirm the trend. VVX has been looking for a bottom, while stock squeezes in GME and AMC could catalyze further volatility. Large scale rotation out of tech stocks will add to the volatility, especially if the recent uptick was a bull trap....
The 30 Minute Chart bands are tightening with the BB Width way below its average. There is a big wild swing about to happen soon.
Chart self explanatory. We are going to new highs, the wave barely getting started. Same ol same. Market has spoken
Interesting correlation between VIX and LABD over the last month. Really goes to show how volatility/sentiment is driving LABD right now and not any view of fundamentals. There has also been a tight correlation between LABD and TXN too, but only over the last month. 1Y TXN LABD is not closely correlated. VIX LABD TXN
2 Hour chart has finally made the dramatic PMO crossover after the many violent up down swings...Doesn't Temporary push to old resistance levels, but could dramatically fail then sell off...Play Safe PMO: Crossover BUT Still in Bear Territory and Below Averages RSI: Crossover & Support BB Width: Shows the price action is still very volatile intraday.
VXX tried to push up for the 4th time on March 4th and put in a climax buy bar. Price broke below that climax buy bar yesterday and now price is set to head lower. Looks like it might go and try to test the low of January and February of last year around 13.75. This is good news for the indices as prices are more likely to head higher. Also, just read that a...
Looks there there should be a little short term spike for tomorrow. We are going in this wave pattern of spikes each going higher with the increase of volatility and looks like this isn't going to reside anytime soon. Curious to see it unfold with both DXY and the ES1! at different critical levels and see if they resume their course they've started this past...
Sellers are backing off slowly. They could easily ramp up again tomorrow - volume for the first day of the week is consistent with the last two weeks. I'm expecting more red to follow. Considering opening a long position here if the signals are strong and we get a nice bounce. If price action lingers at that double-bottom watch for a quick break below. Everything...
I know a lot of us was shaken these past 2-3 weeks. Remember, sit on cash also a strategy! I am optimistic we gonna have bull market soon! Look at the big picture! let's be patient.
Intraday charts are struggling to recover and the selling pressure is building in between $380 to $390, I think we could get a very violent swing to the downside soon which could catch a lot of traders off guard. BUT thats only if we fail to hold $380....
Daily chart still in a established downtrend set up, with intraday charts consolidating. Price is currently testing the 2 hour charts Top 1 STD Dev which has been prior resistance the past 2 attempts. $388 Resistance with $385 and $380 as support Which ever of the 3 gives first with strong volume and consolidation above or below, will establish what direction we...
US markets are treading water on Monday morning, ahead of the US cash open, but the Nasdaq is seeing some pressure amid another surge in the 10Y yield back toward the 1.61% level. The Biden Administration has successfully won the Senate vote on the $1.9T stimulus package, which should now see the bill go back to the house for final senate approved changes, and...
inflation on the rise, silver trending up while gold is trending down? several cryptocurrencies near all time highs, homeless people using crumpled bills to buy btc at corner store atms, gpus market price 300+%....... UVXY may slide as the stimulus checks hit, however it's cookin up a lil somethin tasty remember volume precedes price
The Title Chart is a representation of the impact of each 1% change in the (SP500) VIX on various currencies' (and Gold; Bitcoin) to tend to more (or less) toward Risk (instability) or Safe Haven (stability) characteristics . I.e. It depicts the relationship between market uncertainty and exchange rate movements of safe haven currencies (and currency...
Here's my understanding of recent volatility as it is reflected in the VIX index the and in the following ETN's. The most interesting part in my eyes is the recent behaviour of ETN's following the VIX. VXX - is an ETN following short-term VIX futures, and therefore should follow VIX predictions in the near future. VIXM - is an ETN following medium-term ...