20/Mar/2019 12:49 PM -- I would guess spy hourly catches cloud. -- To Papai i said: "if amd closes below $25 this week might I suggest taking some profit. Not saying to close position. - But I think you should have an if then plan. - If at the same time XLK were to get below 72 and close below I would personally consider that affirmation for profit taking and...
Monthly breakout schedule w/data from past two 11yr intervals: 2yr hovering period at black support prior to uptrend breakout, first peaking at blue resistance after 20-months (Oct 98, Oct 08). Target > 55 by end of the yr.
CBOE Volatility Index (VIX) latest quote is $12.88 and the duration on the $16 target is 2-8 weeks for a 24% difference. Second target is $19 and third target is $24. Extremely high probability trade with extremely low risk.
good r/r set up here. last chance for vix to pop before the bull market becomes more solidified as ongoing $VXXB $SPY
Skew is the difference in spx iv of equal Delta. like call Delta 30 iv minus put Delta 30 iv. It shows how the oi chain is balanced and underlying psychology. Current rating of 132 I would deem caution. One of the things I look for when playing bearish is a rising skew but falling vvix. Rising skew= odds of an outstated move increase. Falling vvix premium of...
Above the 40 (March 11, 2019) – Bears Put On Notice As Stock Market Finds Fresh Support March 11, 2019 by Dr. Duru AT40 = 63.0% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 41.8% of stocks are trading above their respective 200DMAs VIX = 14.3 (10.7% drop) Short-term Trading Call: bearish Stock Market Commentary The stock...
This will probably remain flat until it rips again on Wednesday.
Generally speaking, the worst thing to do in a fairly low volatility environment is to put premium selling plays on just to have plays on. My general approach to these volatility lulls is to look at them as an opportunity to work what broken trades you may have on at the moment (e.g., inverted short strangles) in an attempt to dry powder out for the next pulse of...
Alongside CBOE Volatility Index (VIX) rising near previously posted target of $18 which offers historical resistance. The trade idea is to sell the S&P 500 (SPX) with a target of $2,650 and consider taking profits on the CBOE Volatility Index (VIX); if a positions price average is below $16.
If SPX is going down there is a good chance that VIX is going to print a big rally in the following 2-3 days. It's never a good idea to sit in TVIX and wait for a bounce. You need to time almost perfectly when it is starting to run. VIX can easily print x2, x3 prices. I suggest an entry here at the inverted hammer. Stop can go below today's low...
Yesterday the Russell 2K IWM broke down and tends to lead the broad market. Now let's see if the other indexes breakdown.
March is upon us, and all the major indexes have been down for the past few days. If this continues into tomorrow without a break by Monday, we're likely back into correction territory and I'm putting my cash investments into treasuries or bonds. VIX is beginning to rise and there are pockets in the various sectors that are showing profit if you know what to...
We can see some disrespect for the upper bound KC here, but I am honestly unsure of how the next 24 hours will play out. In the end, I believe strongly we are going to touch 3500. On a personal note, it feels fantastic to have March made right in the beginning. I am definitely feeling a little light headed and I will probably be takin' a vacation to cool my jets...
Well, look at this beautiful pattern. Did just ABC finish? Are we are about to enter into more volatility with accumulation of protection? Something is going to happen on Thursday and Friday? Having some put protection advisable? Or maybe China deal? So volatility goes to pooper? Or the usual buy the rumor sell the news? Good luck everyone ;) **LEGENDS**...
Spy sitting on the quintuple top. Neutral short term until it can break or confirmation on the sell side. $SPX $SPY $VIX