-Update of $sqq cup and handle. Currently sitting at POC. Long above 15.49 via 15.5 1/22 calls, short via puts 15.5 1/29
4 Hr VIX looks like a mess, but just drawing trend lines connecting tops and bottoms shows a broadening wedge formation...Doesn't mean the market tanks, but I see why I have been seeing a lot of people going to cash lately. Also of interest, Gold (-7% since last peak) and Bitcoin (-14% so far since last peak) have taken it on the chin as of late, and even "value...
Global Futures traded lower on Friday morning, as Biden's "rescue" proposal disappointed investors, as it fell short of infinity at $1.9 Trillion. When that $1,400 is spent in a month, what next? Chair Powell mentioned yesterday that there was a possibility of rate hikes in the future and a tightening of monetary policy (room for a change in policy), but that it...
HUGE VOLATILITY EXPECT A MASSIVE SHORTS
Futures traded sideways again in the overnight session, and have been stuck in a tight range since last week Friday, when we saw a nasty payrolls print. This morning's jobless claims came in ugly with 965K new claims, the highest level since August, and 5.271MM continuing claims, a rare rise from last weeks 5.072MM. Import and Export prices came in higher than...
Based on the patterns in the RSI and MACD over the last few weeks.
Hi, I'm VIX Man. Let's wait patiently to get more number of shares. Always focus on avg down & increasing the number of shares to get rich.
It's impeachment day 2.0! US futures continue to drift sideways as Vix and the dollar hold on to a 23, and 90 handle respectively. CPI came in at 0.4%, with Core CPI rising 0.1%. Investors will be on the look out for the FED's Beige Book at 2PM, which should give an indication on future monetary policy, and may even firm up some rumours of future rate hikes off...
My guess is that VIX won't come down meaningfully for a few years, just like it didn't from 1996-2003. - Retail speculative fever only seen before in the late 1920's and the late 1990's. - New SPAC's every week. - A small EV manufacturer worth more than all other automakers combined. - Far more options traded than ever before. - Yields remaining near all time...
Interesting look here on the 30 min. Cup and handle forming. Looking for a move back to 15.41. If we can move above 15.41 then looking for a move to 16.10.
Over 56 and think it can really fly, but already nice start to swing. Protect profits if that resistance holds $PENN $QQQ $SPY #Trading #DraftKings
US futures traded sideways in the overnight session, as investors took in the view, and breathed in the thin air from the top of Mount Everest. We saw a light sell off yesterday, which was relentlessly bought into, and the moral of the story was this: bulls were able to successfully defend the 21EMA on the hourly at the open, throughout the day, and again at the...
Hey all! Been having a bit of an issue with my upload speeds so haven't been too active here, but thanfully this video uploaded! There is a lot going on in the markets right now, and we surely do expect some big moves to come from today until the end of the week, and BEYOND! Hope you like the video!
I've been hearing from many of my colleagues, most of whom are experienced traders, that rates are not going to rise anytime soon. 2023, 2024, 2025, all common projections for when rates will rise. Yet, we've observed the 10Y yield rising a whopping 120% since the beginning of August, to 1.13% today. Morgan Stanley said in a recent report, which I've mentioned in...
Risk protection is looking incredibly cheap right now. We're making higher lows, though, and looking ripe for another spike. Let's see how the week progresses, but I suspect once we cross the upper green dotted line, we're going to see a notable correction on the Majors, and Vix back in the mid 30's. If we see continued downward pressure on markets as February...
Hey guys, sorry I miss you on Friday, I was working on my website. Let’s get right into today’s analysis. Global futures drifted about 1% lower in the overnight session, after the US majors saw new all-time highs (again) on Friday. The Vix is spiking notably, and is up over 11% this morning, as the risk/reward swings even further to the downside. President Trump...