Technicals: -------------- $16.03 and $16.61 are approximately the short term support and resistance levels, forming a channel where the price is being pulled horizontally. This area also appears to be a price consolidation point around $16.38 following an April 20th high volume day. Fundamentals: ------------------ Gold is trending up. This momentum is due both...
Hi Guys, Hope you are all fine & well. Here just some infos. Thank you for your support and for sharing your ideas. Disclaimer: Please note that I am not a professional trader and these are my personal ideas only. The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in...
EARNINGS: ZM (64/88) announces earnings on Tuesday after market close with the June 20-delta 155/220 short strangle paying 9.40, the 145/155/220/230 paying 3.50 with after hours markets showing wide, however. EXCHANGE-TRADED FUNDS SCREENED FOR 30-DAY IV >35% AND SHOWING JULY SHORT STRADDLE PRICE AS A FUNCTION OF SHARE PRICE: SLV (48/36), 10.0% EWA (47/38),...
Correlation between moneyflow and RSI. When RSI is nearing overbought 66 and moneyflow is increasing in the short term, but decreasing in the long term, There's a pullback probability of 85% within 5 days. Represented by the green flags and the upper Bollinger band being tested and correcting. This suggests a pullback in July 2020 $SPY
There is undeniable toxicity in the economy. Fear sent the TVIX to an over 800% bullrun followed by market calming. So, is it over? Can we expect another run from TVIX? The answer: Yes! One only has to look at the economics to see what is coming and already here. Today, we are looking at some of the worst numbers in economic history. I've always said that the...
I guess lets wait for next week and see if I'm right. So far I had expected it to raise a lot higher by now. I think by ramp projection is a week or two early maybe but I still think we've seen the bottom until we cross the red-line at this point. Not much to do but wait. I'm loaded, plenty of room if it spikes to 3200 too. Probably worst case before crash, if...
The depression to recession phase that the U.S. is in right now, doesn't classify as a recovery. A recovery would be a year over year basis quad 2, which we are far from economically. Volume was up 36% from a one month average yesterday, and yet the SPX had a downday? Why? It's simple, sectors. Energy, healthcare, and cross asset asset volatility at 51, for...
Next week should give us a weekly TD 9. Equities are in the process of finding a mid term top. I expect Vol to spike in the next few weeks to come.
Walking right into the kill zone. POC should pull the price up along with this news cycle turmoil for the next couple weeks (starting tomorrow guys!). Here's the treasure map:
Checkout that upward support trend from May 12th low. That is particularly interesting given the nature of the TVIX to constantly fall lower. Lookout for ADX crossing the DPO, better the divergence the stronger the trend. Also lookout for RVI crossing and holding just above RSI, could be a leading indicator here of upward movement. Those indicators are really...
Was trying to find some direction for the market in the coming weeks. I took a look through history to see if I could find a time when the SPX, VIX (volatility), and ADX (trend strength) all had similar values. The best match I could find was the beginning of June 2009. You will have to zoom in on the time frames to get a better view of the data. I know, I know,...
Nothing to prove. Just callin it. VPT as RSI rarely bounces back and forth above and below the dashed lines so many times so quickly. Something is definitely brewin!
I've been running my mouth all over on here about a market crash so only right that I put my money where my mouth is. Here's my angle, lets see how it goes :). TVIX at great value right now (anything under $200 really) given the decimated fundamentals and extreme uncertainty. Looking to exit $400-$800 range within one month on crash depending on severity. Lets...
Mostly reference purposes here. What an epic setup. Buy Signals: 1. RSI flipping from buy to sell on the 1D and 4H and holding closely to the sell dashed line in the 4H or 30M 2. OBV trend change, up or down in the 1D or 4H overall but here the 1H and 30M will give quicker signals of the trend change 3. 1D VPT as RSI flipping from buy to sell and 4h holding...
I am not a market expert, but based on what I understand this is typically not a good sign. Especially so when it is hovering right around the 30 level. Over the past several weeks news highs made a noticeable reduction in the VIX. The few lines I pulled from Investopedia (see below) seem to fit the situation pretty well IMHO. I know, don't fight the Fed, but...
SPX has been ranging at the D 200 SMA today and depending on which way it breaks, I'd expect moves to start in a lot of other asset classes too NDX has been selling off all day, by contrast, and because so much market cap has gotten concentrated in the top 5 stocks, they account for ~45% of NDX and ~20% of SPX. So there's a lot of inherent correlation just from...