VIX at the 4 hour. The VIX finally fought back against the high liquidity. It took a double bottom pattern to fight back. However, the high liquidity levels have solidified the supports on the ES. Therefore, the VIX could not break the wedge resistance (blue line). In fact, it stopped right at the wedge resistance. The VIX was then smacked down by the 200...
Pattern looks almost identical. Something to keep an eye on.
Have to see if the VIX rallies here with stocks at highly over bought levels. The smart money has been leaving stocks as retail traders rush in to take the other side. Market breadth is still bearish meaning that only a handful of large caps have done the heavy lifting.
There is no smoke without fire...
As we saw today for the first time in a while, a long-overdue increase in VIX (up 7.24% on the day) and a red day for SPY (-1.19%, down -$3.90) the question is now what will happen? In my opinion, as you can see on the chart - once VIX starts to correct and gain momentum and move upwards, due to the countercyclical relationship VIX has with the S&P500, in my...
This is the VIX at the 4 hour view. Okay, I was wrong yesterday. I'm not afraid to admit that I am wrong because I actually have a backbone. I thought that the future volatility run would be early next week. The VIX did a test of support early this morning and found support again at the dashed green line. It created a double bottom and tried to escape from the...
📌 Working in public has given us a live example of Volatility expanding in times of a crisis. Here it is usually a swing recap for those following. As you will remember we made good use of the initial tempo in the retreat : The show must go on... in came buyers with the counter attack and no surprises on the timing, covid was simply the trigger. ...
Expecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
Crazy if true, but this VIX chart looks ready to explode IMO. Lots of complacency building up with the stock market being at (or near) all time highs. Meanwhile, bond yields are plummeting, gold is rocketing, and VIX is staying stubbornly high. Determining what information is signal and what is noise is probably the hardest & most important job of a successful...
Despite not being like your average widely traded security, India VIX can be invaluable in providing info on the broad market movements along with option pricing. It is known that with an increase in VIX, one can expect an increase in ATR (Average True Range). This is a double-edged sword because, on one hand, a higher ATR indicates a higher potential move...
This corrective structure that we have been in since the end of March is one of the messiest I've seen.. I'm still Bearish.. I believe we are completing an Ending Diagonal pattern (for downside) which may take until the end of this month to play out.. Possibly even tag the ATH before going down.. I would start loading up on Sells around there.. This seems to line...
Just making an observation that VIX has come back to it's bottom of around 24.3.. At this point we can expect a bounce, which would indicate there is volatility coming in the market.. Can be an indication of a Sell coming in the S&P500.. If not, I would expect it to continue it's run down to it's next bottom of around 12.9 and see if will bounce from there..
VIX at the 4 hour. As suspected, the volatility run wasn't that big. Why? Liquidity is strong internally. There is a lot of available cash that would drown volatility as well as permabears' shorts/egos. The VVIX says that volatility can still happen. Almost every daily MA is above the VIX and acting as resistance. That said, the VIX is finding support again...
Over all weakening support for the broader markets, aside from media frenzied pharma and the NASDAQ's push behind earnings likely to see some sell off today. Directional movement showing bearish indications, will watch supports and resistances closely today along with charted trend lines on the cube. Initial overlay on 30d/3Hr analysis. Starting to see more...
Credit for this research goes to Nomura's Charlie McElligott - as reported by Zerohedge.com tonight. Tomorrow (I'm in LA so it is just before midnight here) or today (depending on your timezone and when you see this post) Wednesday, July 22 is VIX Futures expirations day. Last expirations and next expirations for 2020: 22 January 2020 19 February 2020 18 March...
The VIX found support at this week's major support line (dashed green line) this morning. P/C Ratio lowered while the ES was hovering at historical resistance. So, the VIX recognizes this as buyers getting exhausted. It's currently trapped in that green zone. That said, if the VIX continues with its volatility run, it has almost EVERY daily moving average above...
So for the bulls we have a cross below the cloud, a MACD that has also crossed below the 0 line, and we have the RSI looking to put in a higher high. These cases are all lightly bullish at this time. What about the bears? Well they could say that the price has not put in a higher high yet, which is the most important thing. That could happen any day though! Other...
A 3% move in BTC has never been more exciting and crucial! If we get it, we will have a higher high in the price and could be the start of an uptrend. Do we care how long it is in an uptrend? No, we just care that it might start moving up. So what do we need to see? Well we need to see the price break 9475 to see the higher high get put in. Anything under that is...