SPY Could see a push to 433 before the market unveils it’s surprise. Looking forward to seeing what kind of ride we’re in for.
Looks like it could crumble from this double top set up.
Anything could happen, might even buck to ATH if she’s catches up sleeping.
Cheers
It’s looking like we can trust the bottom side of this falling wedge. This time around It also lines up with the indexes double top so we could see a decent charge upwards.
I already own shares, and I’m picking up more on the open today. I’m looking to take profits in a few weeks based on previous bounces/timeframes.
Could be something to hold, although I would...
We don't often look at VIX but the times we do, it never fails to offer valuable insight regarding the long-term factors on stock indices trends. Since March, may have left wondered why the S&P500 (blue trend-line) has took off so considerably without any meaningful pull-back. Well despite the prevailing fundamentals surrounding the market overall, VIX (candles)...
VIX fell below $16 after trying to take hold of $20 last week. The current value of VIX coincides with that, which it contained in November 2021, just before the market meltdown began. Taking into consideration that interest rates are nothing like they were in 2021 and the rally in stocks has been thus far driven mainly by a handful of companies, we are growing...
- TSLA decent monthly uptrend follow through relative strength to QQQ today
- NVDA relative weakness to QQQ today but still holding on to key levels.
- AAPL no bear follow through today after yesterdays drop, todays sideways range will break tomorrow is key
- SPY relative stronger than QQQ today, XLF KRE IWM all participating in money rotation today.
I've been tracking VIX since 2020. I believe that VIX is in a bottoming pattern and will start the next leg up to a new high soon.
VIX doesn't act like an equity. Mainly because it isn't an equity. Its waves don't move like an equity. It usually operates in 3-wave segments over longer timeframes whereas equities operate in both 5-wave and 3-wave...
Hello,Friends!
VIX pair is in the downtrend because previous week’s candle is red, while the price is obviously falling on the 4H timeframe. And after the retest of the support line below I believe we will see a move up towards the target above at 20.19 because the pair oversold due to its proximity to the lower BB band and a bullish correction is likely....
There are three noticeable relations in VIX PA that keep repeating in fractals:
1) Moves in 3 waves
2) Retraces are generally between .786 and .886 fib
3) Retrace support is always retested before the actual explosive move.
All of the above are satisfied currently and in that BIG zone ~14. VIX must hold here and create divergence with SPX as it goes up if there...
Traders,
As debt ceiling issues appear to be being resolved, the market is becoming even more bullish. Fear (VIX) is dropping to multi-year lows, the dollar continues its longer-term drop, and the stock markets are popping with several breakout signals. What does this mean for our crypto space? Let's take a closer look.
Stew
Hello,Traders!
VIX is headed to retest
The support cluster of the
Falling and horizontal
Support levels at around
14.32 from where I would
Be expecting a bullish rebound
Buy!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
TVC:VIX May 1st low 15.52 June 1st low 15.53 down over 11% today. This is new money coming into the market from retail investors. The institutional banks and hedgefunds are selling into this rise.
🖼 Daily Technical Picture 📈
➤ Equities shot up to continue the upward march. A Buy signal was triggered and executed. The previous Short position was flipped into a Buy but only after suffering further loss. Clearly the Strategy(ies) are confidently Bullish.
➤ If we look at the movement of the S&P500 equity index since the March bottom we can observe the...
🖼 Daily Technical Picture 📈
➤ Markets pulled back but in the short-term, it is still zig-zagging upwards. It is inching higher and so is the hurdle required to proof the case for a new Bull market.
➤ For May, the monthly price failed to close above the Feb high just like in prior months. It has however put in a place a higher high. The higher high at 422.58 on...
