I think we are still in a general uptrend in the RSI, and on the weekly chart for the VIX. Next target ~$40 after consolidating for no more than a week or two. I estimate we hit $40 by February 1st at the latest. Based on this analysis, I go long on $DRIP to next fibonacci target of ~$33, setting trailing stop there with 5% maximum price offset. I think in the...
The SP500 has over the recent weeks broken through some well defined support levels and looks set to close red for the year. As a barometer for risk trends and overall market sentiment the current price action does not appear to embody confidence among investors. Rightly so as there are a plethora of fundamental headwinds that have got investors nervous at the...
Looks like VIX is safely below 30 for the close.
Which means this is IMHO nowhere near done collapsing or reached it's bottom, in fact we are looking at possibly a 1500+ point DOW crash around the corner.. Markets never normally do this, it's unheard of. It is the biggest suckers rally.. If they don't hammer this VIX down hard in the next few trading sessions this thing is going to turtle!
Would be good to be able to buy the VIX at 12
We expect an additional boost in the exchange rate. We are likely to build a double wave structure. The target price can be 42.6%. The panic atmosphere can last for a few days. But for the longer term we are more optimistic.
AT40 = 10.9% of stocks are trading above their respective 40-day moving averages (DMAs) (oversold day #2) AT200 = 15.8% of stocks are trading above their respective 200DMAs (new 34-month low) VIX = 24.5 Short-term Trading Call: bullish (caveats below!) Commentary The week started as I expected based on the technical setup on Friday that I discussed in the last...
A clear disparity has emerged between the level of the VIX at the beginning of the year and the level of the VIX currently. The VIX tends to be a great indicator of fear and capitulation (capitulation usually marking long-term or interim bottoms) and it seems to be clear that there is currently more complacency than panic at the moment. Typically a rising VIX...
back test, now looking for higher. dec.15 dec.19 and 50-55 by xmas, yay! $SPY $QQQ $IWM
ETFs use VIX as a resource to automatically hedge their holdings. This requirement for hedging is expanding with the popularity of ETFs. The channel shows the range of price volatility due to ETP creator arbitrages to balance the ETFs' true value. I've outlined some short term predictions for the behavior of volatility. Remember, it's volatile to trade volatile stocks!
idk looks like a gartley or soemthing idk. im not sure.. good r r volume shoujld send this thing flying
$IWM been leading markets up most of the time, looks like it is leading down this time. on purely technical aspect, it retested the neckline of H&S, also retested the break of the flag. if this confirms, price target is around 117-118. everybody seemed to be talking about inverted H&S playing out on SPY few weeks ago (which obviously failed). I don't really see...
AT40 = 31.5% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 25.5% of stocks are trading above their respective 200DMAs (just off a 32-month low) VIX = 21.2 (as high as 25.9) Short-term Trading Call: cautiously bullish Commentary I have become convinced that 2019 is going to deliver another one of those poor trading starts. The...