Things are starting to get dicey for the indexes and the VIX. With stimulus and vaccines around the corner, this maybe the ultimate sell the news event for the year. Currently hedging with ES1! futures and VIX longs.
With SPY closing higher, UVXY has reached its previous low once again, this time breaking through support built in December. This is a very key level, and should be very bullish for the markets are yet again at ATH
S&P made a strong rally to the top of the rally channel. Broke above practically all my resistance lines on all my charts. I am see a strong sell from my SPX indicator and a buy on my VXX. Sometimes my indicator can trigger a little early so it may not be today but sometime in the next few days we should see a pull back. The 1d time frame still has not peaked...
Hi guys, this rocket is squeezed....you can notice double divergence on long term CCI. Rocket launch in 3......2......1......
US Futures drifted higher in the overnight session, with the S&P hitting a fresh all-time high of 3,859.62. We saw continued weakness in the labour market this morning, with jobless claims coming in higher than expected (exp 845k) at 900k, and over 5MM continuing claims persist. Not that the labour market has anything to do with this super cool new MMT economy....
See attached ideas of the SP vs VIX and sell off.
They said you can't chart VIX.. Charting VIX isn't useful.. Well I charted VIX.. Along with SPY and M1, and well decide for yourself, but I think we can tell where the volatility is coming from. Maybe the long vol trade will become popular!
Using same analysis that I did for the 1982 channel and trend lines for the S&P. The trend lines directly correspond to key highs and lows of the dot com bubble when using this one trend line slope. Note we are just 3% short of the dot com bubble top channel. The top in 2000. FYI the main (FOMO or greater fool's) rally of the dot com bubble only lasted 5...
It was another gap up overnight (shocking), and like most of you, I'm starting to wonder if markets will ever function normally again. Yesterday, we saw freakish price action in the afternoon session, as markets flat-lined from about 1PM onward. It's been a long time since I saw candlesticks look like a line chart in the open cash market. But, here we are again,...
$PLTR with a nice premarket breakout. The price target for the day is $27.80-$28ish. It is inauguration day so keep an eye on $VIX and $SPY. Play it safe or full send it idc.
We're consistently making higher lows, and I suspect this time is no different. Maybe it's just me, but Vix looks incredibly cheap, considering the fact that half of America's GDP has just been replaced with a printer. We're going to run into the long-term descending (green dotted) trendline soon, and Vix will explode. The current policy path is not sustainable,...
Hi mates, stock market is probably near top and next huge market meltdown is next door . Why i think so?I want to share with you some pieces of my analysis: 📌S&P500 vs. Utilities sector ratio It seems it could forecast short and mid term corrections in stock market but it looks like its good indicator of broader market cycles as secular bear/bull markets. A...
After Friday's volatile options expiry, global futures are surging (after a somewhat muted MLK day), erasing most of Friday's losses as investors found more risk appetite. This was off the back of a potential dovish speech from Biden's pick for Treasury Secretary, Janet Yellen, who is scheduled to speak at 10AM this morning. Asian stocks were notably higher, while...
looking for a market correction up to %40 before the long term recovery. VIX target : 50-55. it cooled down all the way back to the bottom , from the covid-19 tops . i don't expect it to spike up through 70-80 range again.
... OGs know what's up.
Next week expecting volatility spike...
As uncertainty leaves the market, the Vix should stabilize. I would buy a long put or sell a long call, as it could take a while for it to check down to the lower trend line. Keep in mind, there is always the possibility of a catastrophic or unforeseen event that could send it through the roof so don't risk too much. Always keep your side bets to less than 5% of...