This stock came up while scanning for stocks that are primed to fall. Take a look at the MACD, it has crossed with plenty to fall. The stock itself has formed a megaphone pattern with plenty of room to fall.
🖼 Daily Technical Picture 📈 ➤ A dull Tuesday for equities. There was nothing in the price action of importance. All eyes on Wednesday inflation day. ➤ Yesterday, a reader made the same comment about the low volume Easter Monday trade. I pretty much agree with that statement. Individually, each trading day may in itself have no particular bearing but together...
There are issues when it comes to the VIX volatility index's ability to project impending volatility - in part because options themselves are increasingly speculative vehicles rather than mere hedges to the underlying - but there is still a lot to glean from the the implied measures of activity. Aside from the SKEW in implieds showing tail risk and volatility of...
Usually VIX catches up to bonds volatility, hasn't happened yet.
🖼 Daily Technical Picture 📈 ➤ Equities recovered (again) from an ugly start on Easter Monday. While half of the world were still on holidays, equities gradually fell prior to US market open only for the Bulls to come in to support the price at the critical levels. By the end of days' trade, the S&P500 made a round trip back to where it settled prior to the...
In this Video I discuss The technical analysis of the SPY ETF which is a proxy the S&P500 that is often a tell on general market movements. I also discuss broader market Macros I have been watching including last week's and next weeks economic events. We also discuss some recession indicators, and other charts that show headwinds and tailwinds to equities. In the...
✅VOLATILITY INDEX was trading Along the rising support but Then the breakout happened And I think that it will go Further down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello,Traders! VIX broke the rising support And was consolidating below The broken line so I will Be expecting the move down To continue towards the 17.00 level below Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!
Many Thanks for the feedback and following - Here are some updates that you wanted: - update includes from now on the possibility to use not only the first standard deviation of the Bouhmidi-Bands, from now on you can also use the 2 standard deviation or an individual one like e.g. 1.6 - From default Bouhmidi-Bands a pinned to the right scale and are fixed now,...
🖼 Daily Technical Picture 📈 ➤ S&P500 has found it's footing once again at the minor support level at the 6 March high after threatening to fall off the edge. It was a clear case of risk-off mode today with DJIA blue chips supported and NASDAQ, RUSSELL 2000 sold-off. Still, there wasn't really much damage done to the bullish narrative. ➤ A lot is happening in...
I like to follow the course of 'risk appetite' but there are many definitions of sentiment from the perception of confidence in a particular asset up to an assessment of the entire financial system as a whole. I like the top down approach in this case as much of what happens in individual assets on a regular basis roles up to an industry/region/asset class or the...
Just noted that the VXX (the VIX ETN) is showing a bullish divergence in both the MACD and the VolDiv as it returns to the consolidation zone and bounces near the support. Breaking out above 46 and then 47 should trigger another bout of volatility... question is IF 58 will be a good resistance or is it to break beyond that level the next round? IMHO, expecting a...
🖼 Daily Technical Picture 📈 ➤ Equities reversed course on Tuesday trade, however two aspects remain unchanged: 1) Nasdaq outperformed Russell 2000 2) Late buying into the close. ➤ Without that late buying, I would have taken a small short position to test out the waters, jumping straight back into the action. It was a close call. As it is, I will have wait to...
FUD FUD FUD, Fear, Uncertainty and Doubt. The 3 letters every trader on the street should know. No matter if you are dealing with Cryptocurrencies, Stocks or Forex, no one wants to wake up to an overnight position hit by FUD. The VIX has long been known as the leading indicator as to the sentiment of the markets. It is known as the fear index and right now...
Reaching the top of the volume shelf profile and weekly expected move. VIX 2hr and 4hr changing momentum on MACD to bullish for VIX while QQQ is turning to negative momentum. 320 on QQQ seems to be a resistance level that will hold. Expecting a pull back in preparation for the March CPI print with a large rally a few days before as we have seen at the previous CPI...
April has been the most profitable month over the last 2 decades for #stocks. The SP 500 has been positive 80% of the time with a 2.5% return. Posted on this yesterday, but not here. ATM we're @ the lower end of the $VIX & close to resistance levels for indices; $DJI $NDX $SPX $VIX
Today i trade AMD for a profit. in this video ill share i traded it aswell as thingsi use to help me with my entry points. Please enjoy and share
🖼 Daily Technical Picture 📈 ➤ Equities continued their advance although it was the DJIA large caps that led the way. We haven't seen that for a while. ➤ S&P500 has hit the first resistance zone. I also got the exit signal to my long position. I guess that's a pretty good place to part from a solid profitable trade. ➤ If we observe some chart patterns,...