VVIX is touching the trend line connecting the most recent peaks.
We had a nice bounce off of the 50% Fib Retracement level and are in an ascending wedge. Where are the natural tops of this wedge? I would propose either of these red dashed resistance vectors could trigger a reversal. (or maybe it just former at the close?) This reversal is potentially going to lead to a bigger...
With the majors at all-time high's and vol getting cheaper by the day, let's take a look at what the technicals are saying. With the exception of Monday and Tuesday's close this week, we've been trading above the 50 day MA since the end of August, and the fact that the 50 day is now rising, translates into bullish price action. Today we got a solid bounce off the...
Hey guys, so let's get right into it. Interesting price action this week with the SPY gapping down over night, and bouncing back off the Greenline support this morning (now sitting around 344), after a few days of light selling. Headlines starting to turn negative here, with "stimulus pessimism" being blamed for much of the sell-off. Market up = stimulus...
Question is how high it will go to give buy signal $VXX, $SPY
Looking at all the stuff at fundamentals, elections, etc... it seems that there are and would be a so sweet prices to buy Vix (Volatility.Index) now and soon!!!
We are inside two bearish channels (red) and two bullish channels (green)... all below the ATH resistance vector... which is really just another bearish channel at this point. So my channel score is Bears 3 : Bulls 2. Todays double bottom could hold as support for the bulls, as they have recharged after a bit of a pull back (see the RSI is super low (purple...
Update after Tuesday's trading. It may have found a bottom. Be interesting to see if it is ready to break out. Close up
We entered a bullish correction at 2:30 today, with a strong reversal off of yesterdays low of 349 This corrective pattern may have just shown its hand as an upward sloping pennant or rising wedge (brown). If so, I feel that the Support Vector of that wedge may only hold the price 1 time after it is established and supported. With both the descending resistance...
Welcome Hyperspace Travelers. Data Start 2008 volatility channeling. Entry 2011 data start. Entry Root. Wave Structure 1-5 leading into next impulse. Mirror Lock at wavefunction 2008 and 2020-2021. See Green Boxes on FFT. Matching wavefunctions with attributed velocity and kinetic build up. Decode Intra Fractal Structure. Numbered Accordingly....
SPX looks bullish even though GEX is up and DIX is down, similar to september sell off.
VXX has been falling hard the last week. Riding down and jumping around on the trend lines. Currently touch the last major S/R from end of Feb. Is this going to be the end or will it drop a little lower to the bottom of the channel before rallying?