The VXX trend looks like it might have found its bottom. Note that it has a more rounded lows (not sharp), the recent low is higher, and the RSI is on the rise. The VVIX is also on the rise and holding at the trend line.
Hey guys! So, let's get right into it with today's analysis. US Futures are trading slightly off the week's highs, as Asian and European markets slipped around 1-2 percent overnight. Jobless claims came in better than expected with 709k new claims and approx. 6.8MM continuing claims, while pandemic emergency claims continue to spike. Consumer price growth slowed...
A self-explained drawing. - the harmonic pattern - targets fibonacci-based - the trigger: an election results overturn #Disclaimer: this is a idea sharing and not a trade recommendation, use this information at your own risk.
Dear Mr. Market, 1. I hate the way you always seem to rise, even when you're supposed to fall. 2. I hate the way you make me scratch my head, when price action makes no sense at all. 3. I hate the way you brand me a contrarian, even though we all know the real economy is dead. 4. I hate the fact that you only seem to move, off of sentiment from the FED. 5. I hate...
Although the vaccine is not a panacea for the economy, the vaccine news will probably keep the vix range bound to lower. #vix #spy
The global market rally/gap fiesta that played out over the past week or so, came to an abrupt end yesterday as we approached the close. SPY almost filled the massive overnight gap, and ended the day back below the long-term (multi-year) resistance line around 355, after achieving new all-time high's. Looking at the monthly SPY chart after yesterday's rejection,...
CBOE:VIX ... it is ready to explode!
Another day, another short squeeze. Stocks are surging to new all-time highs this morning, off the back of positive vaccine results from Pfizer's latest trial. "Dr. Jansen said the outside board did not say how many of those cases came from participants who had been vaccinated. But with a rate of more than 90% effectiveness, most had to have been in the placebo...
Small update on the VIX COT status. - Educational purposes only! - Trade at your own risk! - Main language - Russian - Pleae drop your questions in chat and I´ll try to reply during the day.
If it's gonna happen, it's gonna start happening this week. We had a false breakout of this massive Bullish structure and rapid retrace, like a tide going out before the tsunami. This swing dip and spike Price action phenomenon is quite consistent. Based on my other UVXY work, I'd peg low of this dip to $12.50 and first TP would be $20-$25: Gonna let the...
Sorry to leave you guys hangin! Felt like my UVXY shitposting was ultimately doing more harm than good. I was thinking far to linearly with my predictions and have simplified my buy in and cash out ranges. Gonna trust my indicators and RSI more too in conjunction with this. If you were following along the past couple months while I was hammering this thing out...
DXY closed at top of resistance line and looking at candles it looks very bullish. Judging by the chart next week we should be expecting break to upside. This is the time when I take step back and try to asses situation from multiple angles. Regarding elections we have huge uncertainty in the air, judging by results we will have democrat president with democrat...
VIX 4H CHART - ELECTION RESULTS IMPORTANT
Hey guys, Happy Friday! No gap up today (for a change), and we appear to be forming an island reversal pattern at the top of the triangle (350). We're seeing some weakness today off the back of a possible Biden victory, but most of the overnight losses were reversed after a stronger than expected payrolls print. Some of you might be wondering why Vix is down...
Another massive gap up overnight without a material change in the outlook. Fourth short squeeze in a row of near identical magnitude. A relief rally was always possible after the recent correction. But, this one was much larger and more vicious than I had anticipated. We're up over 7% in 4 days. That used to be a decent annual return. But, price action is driving...