The green, vertical bar is the bullflag pole length as the top yellow line, while the bottom yellow line is the 1.386 fib retracement from the correction down within the bullflag, which combined gives us a projected upside zone between the two yellow lines. The fact that none of the trade war meetings have resulted in anything tangible and traders nervousness...
Simple line showing the lower high on VIX for the weekly for the year. Unless this thing screams past 21 I am long on the $spx index 2nd half of OCT into holiday season and EOY.
Classic tweezer top on the daily for VIX in oversold conditions. Might see 2950 tomorrow as they spike it above the MAs on $SPX
Not a good place to duy dips $SPY, $DJIA, $NDX
After this week's market action, I believe the mature beast has finally arisen in the full light of day. In the weeks to come, we should see its might or weakness. At this point, it is anyone's guess what this beast desires and what it might do. I believe we must take into account *all* possibilities. The extended length of time the market gave the beast to...
Well It's A little messy, but you all get the point.
What's up fellow traders TVIX looks really interesting at these levels with current economic circumstances. My goal is to build a long position if volatility start squeezing again to hedge part of my portfolio. I have a risk level from 1-5 (1 is low risk , 5 is high risk) First Trade (Risk level 1) I have a buy order set at 12.40 Entry: 12.40 Stop/Loss :...
Using the FOMC tool, we see a: 25 basis points rate-cut --> 58.8% NO rate-cut --> 41.2% To get these rates: www.cmegroup.com Tomorrow's volatility will surely grow, even if the FOMC cuts rates; with these percentages, we can expect J. Powell to suggest no more cuts in the future. You can also expect Trump to fight this, hard. **FOMC meeting to take...
trying to long this end of September or beginning of October. Looks like a good trade to me.
VIX - 34 Week SMA sitting on long term avg - Could Spike!!!
The VIX chart is showing a clear bull flag at the moment, with a bullish bat-like pattern that has formed. I know point B on the Bat overshot the 0.382 - 0.50 mid point, however I put more emphasis on the 0.886 X-D retracement point. We are very close to the 0.886, however I am comfortable taking a long position here as long as the TD Risk line continues to...
In this chart we can see the pattern formed year to date where the time between VIX spikes is decreasing. With each spike the VIX is taking less time to return to above the 15 year average to the 18%+ range. Measured from peak to peak, each of the three spikes has been about 126 trading days apart. The average number of trading days measured from dropping under...
After news broke that Trump had secured another China trade meeting for early October and solid ADP numbers we broke the range we traded in for August. Non farm payrolls was a miss but not bad enough to fall back into range. Fed Chair Powell's comments shortly after the non farm payroll miss eased concerns and setup another potential rate cut in two weeks time....
EARNINGS No options highly liquid underlying earnings announcements this coming week. EXCHANGE-TRADED FUNDS Ordered by implied volatility rank: SLV (99/33) GDX (71/33) GDXJ (67/37) XLU (60/14) GLD (59/15) Pictured here is a GDXJ Oct 14th 36/44 short strangle, paying 1.23 at the mid with break evens at 34.77/45.23, and delta/theta metrics of 1.46/3.08....