Turning back, correlation with $SPX back to negative
Where is the center of gravity? :) Just sharing my view. GL
Over the past week, I posted a few make-it-or-break-it key inflection levels to watch as I felt we were at a key inflection point in the market. With the benefit of hindsight, it is clear by now the trend is negative as $CL1! broke below the $50 handle as did $US10Y which broke below key levels set in 2012 and 2016. After what some have termed as a negative 5...
Past instances of this extreme in vix term structure has marked a short-term bottom, followed by continued selling over the following weeks and months.
Looks like they saved it (for now 😄)
#Powell and #PPT trying to save MAJOR long-term TL. Will they be able to do it in the next hour?? 👀🍿
During this time, we are witnessing to a surge in volatility. Spreads on VIX are becoming interesting. I wouldn't consider the first deliveries as we do not yet know when this period of fear on the financial markets will end. The spread I propose is VXK20-VXM20 (to sell). As we can see from the chart, the spread has turned into an always stronger backwardation...
The WEEKLY SPX/VIX ratio, a measure of risk adjusted value of the SPX index, reached 2 trend-lines today. Is this "support"?
Hi Guys, in absolute terms, VIX values greater than 30 are generally linked to a large volatility resulting from increased uncertainty, risk and investors’ fear. VIX values below 20 generally correspond to stable, stress-free periods in the markets. www.investopedia.com Since the beginning of the 2007-2008 Financial Crisis, VIX exceeded 30 level during the...
Mid-January I said we'd undercut the 200dma like May and January ‘18. We did that today. Key spot #StayNimble
Everytime RSI>70 we ended up in the green box, will be different this time?
Same goes for WTI, but inverse. Alarmism, dim perpectives, safe haven
Relief bounce probable $SPY, $NDX, $DJIA
200dma broke as has the 2019 uptrend. Huge red flag for markets. May DCB here near 10K
On Monday, the markets were finally really scared. The coronavirus epidemic is becoming global, and the economic consequences are increasingly threatening. Every day, China's downtime literally increases the problem exponentially. Actually, some analysts are already talking about the critical level of problems and damage. For example, a survey of managers of more...
Here we are tracking the massive breakup in Vol; this is looking dangerous and is right on time with Coronavirus kicking in. This was forecast miles in advance (see charts below) and has followed the mapped flows flawlessly since the previous swing we began tracking earlier last year: The sweep of the lows was a textbook example of clearing the board to open...
Been watching this for months and the catalyst is finally here. Italy reported today that there was a lot of new cases found there and this naturally scared the markets. More china supply slowdown will only increase the odds we hit 100% from the local bottom. I'm going to stagger sell above 50% returns.