Hey guys, so as we discussed on Friday, the short-term bearish harmonic has now broken, and we're seeing some aggressive selling this morning off the back of the new stimulus deal, mutated covid-19 strains in the UK, and mass global lockdowns. For the few bears left standing, the megaphone is now back in play at 359. Today's supports are 363.30, 362, then finally,...
Money Supply up 60%, and stocks up 60%. Coincidence? #FED
Hi traders Vix might formoing Gartley Idealy it should form 1.272 extension (in circule) so whatch carefully FIB targets are based on D point @ the moment UP VIX = DOWN SPX Good Luck
A gap down on Quad-Witch? The FED must be panicking. After hitting all-time high's yesterday (once again), SPY is seeing some heavy selling pressure here in the first 30 minutes of Quad-Witch, along with the rest of the US majors, which are down about .3%. The intraday bearish harmonic appears to have broken, and we're now back to a 369 handle, just north of the...
The third Friday of March, June, September, and December, is Quad-Witch day. This is when stock index options, stock index futures, individual stock options, and single-stock options, all expire on the same day. On Quad-Witch day, we tend to see a spike in volatility off the back of a roughly 40% increase in volume (on average). We will see roughly 45% of all...
Possible bearish harmonic XABCD pattern showing potential upside to 373 in the interm. 373 is the top of the recent ascending channel formed from the Nov 9th high, and Nov 10th low (in white). The top of the channel also happens to converge with the longer-term ascending trendline from the April lows (in green). Let's see if we finally get that monthly (outside...
Day 5 since Trading View erased my work in over 60 charts. Be sure to save a backup of your work. VIX at the daily view. It looks like my lucky guess was right yesterday. The VIX is in washout mode and hunting both sides. This time, the VIX punished permabears who chased the VIX jump. Why did they chase it? It's the mentality of trying to get rich quick. The VIX...
In a recent report by Bespoke Investment Group, it was revealed that one of the most profitable trades on Wall Street, since 1993, was to simply buy the S&P close, and sell the open. If you did just that alone, you would have seen a whopping 800% return to date, vs. doing the opposite, which resulted in a shocking 10% loss over the same period. According to Zero...
As Sven Henrich says, Vix 46!
Looking at the VIX seems that the market has calmed down since the first market closure. Calm to a point of complacency. This could be dangerous though, as seen before that these levels usually preceed a strong rise in volatility and a decline in the broader market.
Chart patterns + MACD cross-over suggest $SPX correction. Also demonstrates how increased volatility ($VIX) can serve as lead time warning of price action in market ( $SPX ). Price action amounts are for illustrative purposes only, not prediction (No TA done on price action). Can't get timelines to line up on published chart - see below for what it's supposed to look like.
VIX at the daily view. Day 4 since Trading View deleted my trend lines and refuse to restore or own up to it. Trading View's customer service will not help you at all. So, make sure you save a backup copy of your layouts. Because Trading View's customer service is as useless as a permabear/permabull's opinion. I am now in the process of restoring over 60 charts...
Similar rounded bottom to the one in August/early September. RSI crossed above 50, MACD curling in similar fashion. Previous run went to 36.
It's Vaccine Day, Yay! Maybe now, Mr. Market, we can see a sell-the-news event? Don't hold your breath, folks. After a strong gap up overnight, the US Majors are being panic-bid here at the open. Vix is crashing down to a 22 handle, erasing all of yesterday's gains. The Put/Call ratio shows the incredible shift in sentiment over the weekend, going from a 50 handle...
There going to be no more published charts folk! However... Feel free to study all of my published research to date via my Avatar. I will continue for the time being with my research using Trading View but will only be publishing private idea's from now on. Thanks for following!
VIX Volatility Index over the pandemic recovery period, versus the New Zealand NZ50 Index, ASX All Ordinaries Index XAO, S&P 500 Index and the NASDAQ Composite Index IXIC.