VIX hugging the line. Whats next? $vix $spy $spx $qqq $dia
11/15/19 marks a 1:1 time ratio from the first spike at the beginning of 2018,and the next at the end of 2018. We might just see a jump to $15 if the S&P keeps making higher lows, but if we pass this green line, hang on for the ride cause it could get screwy. Falling wedges are generally considered a bullish pattern.
Okay, maybe there could be one more push down, but we're getting so close. I'm already long and going to hold, because it could turn around anytime now. If anyone can do a more detailed wave count on this, that'd be great. I can't tell if we're still waiting for the wave 5 down to finish it.
When the VIX is low, it's time to go. (Market sell off likely) When the VIX is high, it's time to buy. (Re-entry points)
TVIX is approaching support around 11.50 and consequently VIX approaching a critical support since July 25th set at 14.00 - 14.20. Watch this area closely for a bounce and for the volatility to rise. Trade deal was weak as expected, not much substance in my opinion to give the markets the rise they need. December all over again? Watch this closely! Not...
Similar to Silver and Gold $VIX is basing just at the long-term support and is in the uplifting wedge formation
We see a nice nice Tripple Bottom indicated 1,2,3. I hope you ready for a great week.
HIGH RANK/IMPLIED EARNINGS: CRON (32/82) (Tuesday Before Open) TLRY (50/97) (Tuesday After Close) CSCO (44/27) (Tuesday After Close) WMT (48/23) (Thursday Before Open) NVDA (24/43) (Thursday After Close) AMAT (17/34) (Thursday After Close) CGC (95/87) (Thursday Before Open) JC (30/43) (Friday Before Open) Notes: Looks like it's the "Week of Weed" with CRON,...
Greed has stepped in and volatility has fallen at levels not seen since July. Market seems to be falling into complacency, as stocks are breaking new highs with each day. Though that may change soon, as VIX is now in zone 1 of a possible move up.
Meaningless China Trade Headlines hiding the fact that the SPY is pushing ATHs with no real earnings conviction. Earnings flat if not negative on the year if you take out share buybacks. Trump will not take tarriffs off without addressing IP theft. Short this.
VIXY, VIXX, TVIX All looking to make the turn higher. Using the VIXY chart (all charts are almost identical except price), we see Bullish EMA Cross incoming. If we close above the 1HR Gaussian Channel, we turn Bullish / Green and continue higher for sure. Updates daily on VIXY until we reach target or pattern breaks down. Thank you for liking, commenting,...
the S&P 500 Volatility Index yet again finds a floor around the 13.00 range, with multiple daily touches and bounces. Look for a long of the $VIX from here, unless a push lower causes it to break res. Expect higher volatility within trading markets across the spectrum in coming days/weeks. (Trading involves risk. Protect your capital and use proper MM when...
"The VIX projects a test of major resistance in the upper-20’s before year-end," says Addison, who is is the author of THE INSTITUTIONAL VIEW, a research service that specializes in technical analysis. "Once the VIX has a weekly close above 32, then my work would confirm upside projections to 50-55," he continues. He sees additional stock market declines ahead if...
Could keep running probably rest of year will be watching $VIX 12 level but am remaining bullish into "Santa Rally" on low volatility.
Specs net short on record nearly at 200K, almost 50% of OI $SPX, $DJIA, $NDX
12 Level should provide some insight in how the rest of the year goes. $SPY either gonna Santa rally or drop like last yr.
Looks like another tweezer top in October of all times! Think we gonna rally another 3-5% into the EOY.