In the last few weeks, weird things are happening. We currently have a positive correlation between the S&P 500 and VIX, basically VIX grows with the S&P500 together. I used 20 days correlation, currently it's around 0.8, and it's quite high. Usually, you expect to see it around -1, and it makes sense. For the last few years, the correlation was above 0 only a...
The current S&P 500 monster rallye is actually starting a correction, when divided by its volatility. TVC:VIX Also note how the gap from march panic sales is now closed. We are seeing increased volatility paired with higher prices, which should be seen with at least some caution...
I'm not even really sure what this means to be honest, but it's alarming. The SPX and VIX should move counter to each other.
VIX and UVXY have shown higher activity in September. Although, historically, we are still at very low levels of volatility, that may change approaching the election. VIX and UVXY are derivative measures of volatility that are moving, in general, in opposite direction to SPX500. However, during times of uncertainty, like upcoming election, VIX and UVXY may remain...
If we're going to pullback soon this is where it'd start. Upward channel since July has held so something to watch to downside $SPY $SPX $VIX $NQ_F $QQQ $NDX $TLT $TNX $GLD $DXY #ElliottWave #Stocks #Trading 📈
Note that both the S&P and VXX are both going up over the last few days. Their normal relationship is inverse of each other. Is this a warning sign that S&P is topping out?
LONG @ 1570.0 (4HR) SL @ 1558.0 TP @ 1605.5 HELD ABOVE SESSION POC (GRAY LINE) LOOKING FOR RETEST OF POC (RED LINE)@ 1580.20 IF IT REJECTS THEN PRICE WILL LIKELY PULL BACK TO SESSION POC (GRAY LINE) OR BELOW TOWARDS VWAP (PURPLE LINE). IF IT DOES NOT HOLD VWAP I WILL BE LOOKING TO GO SHORT. LETS SEE HOW THIS TURNS OUT
It seems as if something fundamentally changed in 2018, beginning a multi-year period of volatility. From a WashPost article about the period: "DEC. 4, 2018 Markets tumbled after Trump tweeted “I am a Tariff Man” and the Trump administration backed off earlier claims of a trade-war truce with China." (www.washingtonpost.com)
The little yellow line microcosm analysis turned out very accurate. As soon as it closed above the yellow uptrend it continued upward and is just being held by the purple S/R now and exactly at my TP. From here we could see it wedge back down some but we have strong potential for an SPX pullback that will spike this thing through the roof. Lets see if it can...
the volatility is showing up in tech equities. An opportunity if the risk is right.
Hi Guys, SPX is above pre-pandemic levels whilst VIX is yet to return below pre-pandemic levels. What does it mean? What's your view? If you appreciate the idea please leave a comment, slap like now and start following me. Thank you for your support and for sharing your ideas. Cozzamara Disclaimer: Please note that I am not a professional trader and these...
I'm remaining long from this signal given on the 6th of last month. Currently floating +10.35% from this position-- un-marginalized. The margin account used for this trade risked 2% for a +21.034%% current floating gain on this long. Stoploss has been and is remaining just above entry.
VIX at the daily view. The VIX is kind of like my crazy ex-girlfriend. Why do I say that? The VIX looked like it was calming down for a while. However, the VIX was quietly making lower highs as if it was secretly plotting for the ES' demise. By the time you realize what the VIX was planning, it's too late... just like my crazy ex-girlfriend. In all seriousness,...
Price fell pretty deep through the white and green S/R all the way to the bottom of the downchannel where it bounced and shot right back up to the top of the downchannel and landed in the middle of the blue local support channel. Would need a lot of power to close under the green and white S/R.
The white S/R here very swiftly rejected Price and sent it back well above S/R. Also looks like a clear full green candle breakout into a new local downchannel. Also added magenta upchannel lines, hard to tell at the microcosm level but they are there. We have a pretty amazing UT, DT and Horizontal S/R near convergence here that again will make it...