My VIX/SPX indicator is really coming alive this week. It has the same look as August 21 and the following spike in September. - We are seeing several days of leveling out (Aug 11-26). - Followed by a green doji candle and a good bullish candle. - Need one more follow through day and as of 8:46am premarket is indicating that we will see another bullish candle...
50 period MA on the weekly is being heavily tested, and we've been in a beastly uptrend since August. If you look at the longer-term behaviour of rates, you see a beautifullly defined channel, with consistent breakouts above the 50 period MA. Time for a bond market correction, and a reassessment (and repricing) of the risk-free rate. Cheers!
VIX at the daily view. Long story short, I am very angry at Trading View for erasing all my recent trend lines on all 62 charts that I track. An entire month's worth of work was erased as of this morning. Has anyone else faced this issue? I managed to recreate the VIX chart by memory. The VIX is beginning to get out of its bottoming pattern or its "dance."...
Didn't have much to update for awhile there but starting to see some action finally! Was I predicted 10.50 as the low this downswing, which was spot on. We broke a little under for a day but it's been a very solid floor here. Also as predicted weeks ago, Price shot up when it crossed the magenta core trend but got stopped precisely by the 200 SMA AND the white...
buy call 30 176 days 4.00$
11 Dec vix put -1 20 38 9 Jan 0.74
Boy do I wish that were true. Instead I'm waking up to a freezing cold winter in the North Pole (Canada), and a world on lockdown. It is Friday, though, so I'm in a particularly good mood, and if I must say, watching global markets in the red (for a change), just puts a smile on my face. Yesterday we discussed the potential for further downside, off the back of...
Expecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
-VXX longer term outlook -Looking for a move to $24-$26.50
After trading essentially sideways overnight, futures are seeing some pressure this morning on a weak Jobless Claims print. Initial Claims came in at 853k vs 720k exp. (the largest weekly rise since March), with Continuing Claims rising for the first time since the crash, to 5.76MM vs a prior print of 5.53MM. CPI came in hotter than expected at 0.2% vs 0.1% exp....
Hey guys, I hope everyone's having a great week! Let's get right into it today. So the majors saw new all-time high's overnight (again), but appear to be experiencing some weakness as we approach the afternoon session. At the moment, SPY is trading comfortably above the megpahone pattern (and longterm resistance trendline) on the monthly, for the first time in...
VIX is hovering at 20 support. Do we see a rise in volatility from here? Further, will that be bearish for the equity markets? We shall soon find out!
It seems we are forming the same pattern from last year as we head into the new year. Fundamentally, we are seeing new uncertainty arise daily and clear variables pointing to stocks being greatly over-extended. Could we see history rhyme in early 2021?
We have just seen 3 hammers on VIX. This could mean a rise in VIX within days.
VIX looking for a pickup in volatility in the week ahead. The put/call ratio is at ridiculous low levels telling us that there is over exuberance in stocks call buying. I want to be looking to target put option entries if they should present.