VIX at the daily view. The title speaks for itself. Like I said before, VIX is not showing signs of a ramp up or uptrend. There was a bullish RSI divergence, but that takes several days before it actually resolves itself. Right now, liquidity is still high and market breadth increased. So, that means rallies in the ES are much more sustainable. Moreover, imagine...
A rising probability of no stimulus in January sends VIX back to the upper range (congressional gridlock), or rising probability that both Georgia Senate seats flip (massive stimulus) sends VIX to 12. Both could also happen.
"Be fearful when others are greedy" - Warren Buffet. More applicable now than ever ! I've looked at the put/ call ratio as well as VIX which reflect extreme greed and a broken market. This type of euphoria that "stocks can never go down" is only a belief of dumb money and a strong indication of a top.
Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil
Hello everyone This is my VIX idea for daily time frame watch key notes for more detail on chart for any question feel free to ask :) good luck
VIX at the daily view. VIX is still finding support below. The VIX did a forced support test a couple days ago and it wasn't enough to launch. That said, the RSI divergence is still there. However, it is still subtle. This shouldn't come as a surprise. Holiday weeks are notoriously low volume and they tend to float sideways to up. So the ES would stay largely...
“Shock-Reversal-1-2-3-4” is a model or cycle that occurred on VIX a few times since 2018. What is important is to recognize in which stage of that cycle the VIX is currently positioned. We see fear dropping as stocks are recovering since March as investors are less concerned about the potential risk-off because of QE and vaccine solution to coronavirus. But we...
targets $30, if that breaks, then $50. holding March 2021 $45 calls, scaling in on more calls on any red VIX days for all of december
This is the most bearish situation I have ever seen unfold. I try to solve the harmonic puzzles of the market on every time frame... starting with the smallest, and working outward... but only once I have confidence in each prior level. This is the first time I am pleased with each level, this far out. What do you think? Good Luck!
VIX at the daily view. Whelp, there goes that ramp up from yesterday. VIX broke that small uptrend, but it wasn't much from the get go. There is a bullish RSI divergence forming since November 11th. It wasn't until today that the divergence is actually noticeable. This RSI divergence might kick start a ramp up or uptrend in volatility. That said, I'm only going...
In a seemingly massive win for the Biden Campaign, Emily Murphy at the GSA (General Services Administration), confirmed that the Trump Administration is ready to move forward with the peaceful transition of power process, in the accordance with the law. I don't know whether or not this is a move to escape the legal nightmare Trump is living each day, or whether he...
Today has been an exciting run for the bulls! The vix rose as the SP pushed its envelope upward on this run! Very exciting... but, we are still under the shooting star reversal from last week... and it seems like that may just be the start of the fractal for where we are right now... What do you think?
See chart for details. More info in my previous post on VXX/SPX. Here is my VIX chart VVIX
VIX at the daily view. The VIX is still doing its dance. Since liquidity is still high enough to hide a submarine, the VIX is making some "bunny hops" to keep itself alive. The purpose of this is to keep it alive long enough for liquidity to dry up again. After all, liquidity tends to ebb and flow in cycles. That said, there is a subtle uptrend starting to form...
Well that OG Falling Wedge played out nicely B). I've updated it here to line up this most recent spike. We're at the bottom of the main 2Y upchannel containing the bulk of the Price Action (yellow) so could very easily bounce back up from here. Currently we still seem to be within the FW structure heading toward the tip for a bigger breakout. We could breakout...
Hey guys, I hope everyone had an awesome weekend. Let's get right into today's analysis: US Futures managed to stage a notable rebound on Sunday night, after an ugly close on Friday when the bulls lost key weekly, and monthly supports. We were up about half a percent into the US cash open, but have since erased most of the overnight gains. Circling the MSM today...