Note that I did the waves in reverse for the Vxx since it has an inverse relationship (3 waves up, 5 waves down). If that is true, then looks like VXX/VIX is looking to make a move in the upward direction. Could be a trash idea as I never saw someone use wave analysis like this for VXX.
Seemingly having a wonderful move to start the week. Hope to see this moving well forward in the days to come.
I hope this positive movement could continue in the coming days. Looking forward for a well bullish this week.
VIX could turn here, it is touching a long-term resistance
The VIX is doing the volatility dance once again. The VVIX was sitting on a major support at 105 on Thursday. The VIX corrected it by jumping just enough for the VVIX to stay above 105. The VIX is keeping itself alive. However, it had to bounce from a major support at 22. 20 is the line in the sand. Next week, the VIX will have to make a decision. Break the...
Ever since they took TVIX out of the picture the volatility favorite has been sinking harder than the Titanic. Not like it wasn't already sinking. Since reaching astronomical heights in March, TVIX gains have been getting smaller and smaller every time. Now it seems like this favorite is close to a viagra shot. Its hard to tell where this shot would go though and...
SPX has bounced back strongly and now on its way to the pre-pandemic highs. No point in jumping into VIX till then. Just an opinion.!! ;)
A very nice movement as they reach its peak so far and seems showing an indication that might move further way. I'm watching close.
Delightful movement as it continuously going positive. Seems like having its breakthrough this year. What do you think?
A huge volatility happened today as it reach its peak so far this year. I wonder how far it could possibly go? Could this run well bullish? I'll keep an eye!
A positive movement happened here. Hoping for this to continue bullish. What do you think about this one? Could it go on? Watching here!
It seems that liquidity is winning the battle so far. According to the internal market data, these are the highest levels of liquidity since January 2020. Due to this high liquidity, it's drowning the VIX. That doesn't mean pullbacks are completely eliminated. The VVIX has yet to close more than a day below 105. So, there is a possibility that the VIX is playing...
This is the VIX at the 4 hour view. I had to adjust my support lines ever since the algorithms did a support test that was lower than usual. The VIX is now in a major support zone of 22-24. Conventionally, 20 is the line in the sand for volatility. However, conventional thinking is usually wrong - like how the markets will collapse by May. Why did I change the...
-Falling wedge -Multitude of bad economic indicators -Volume falling with wedge -RSI slight bullish divergence -sitting on volume shelf
Gross domestic product (GDP) is the value of the goods and services produced by the nation's economy less the value of the goods and services used up in production. GDP is also equal to the sum of personal consumption expenditures, gross private domestic investment, net exports of goods and services, and government consumption expenditures and gross investment....
VIX at the 4 hour view. It seems that the VIX algorithms did a support test in the morning. So, I'm not absolutely sure if the second green line or the third green line is the flag support for the next two weeks. VVIX is still above 110. That tells me that volatility is not over yet. What's battling the VIX? High liquidity. Although liquidity just paused in its...
This is the NQ's VIX (VXN) at the 4 hour view. The VXN is still trapped in its wedge and finally moving on to the lower supports. That said, the VXN is also playing the volatility dance. It's making several small volatility jumps to build up for a bigger one. With the VVIX closing above 105, the VXN and VIX are saying that they're not done quite yet. The...