Using the rule of 16 and the 1/3 trading days time frame, the following translations should be committed to memory: VIX of 16 – 1/3 of the time the SPX will have a daily change of at least 1% VIX of 32 – 1/3 of the time the SPX will have a daily change of at least 2% VIX of 48 – 1/3 of the time the SPX will have a daily change of at least 3%
My prediction is originated from election and rate hike in december. In my opinion, there is huge uncertainty and fear on the market BUYing fear, SeLLing stocks and shares potential triple digit profit on VIXX SPY target 185.00
Wow what a push. We completed micro wave 1 of the larger wave 5. We are consolidating in micro wave 2. Not sure where that will stop but it looks like it wants to walk along the top of that blue wedge. Then a real big push up for micro wave 3 should occur next. And by the looks of Wave 1, I would say it should hit the top of that black upper trend line. That...
As dollar rises into red zone, SPY is more like to drop quickly and when dollar bounces off support, SPY rises.
Stocks have rallied hard on Trump's victory. However, the $VIX is hitting a support line. Reversal may come soon. Long $VIX
Heading for 2nd breakout above 22.5 on the VIX? Stay bullish as long as we remain >20.5. Momentum positive, if slightly overbought.
VIX is an enemy of global indexes and a friend of weighted JPY. It's not very correlated with DXY and Euro now, depends on where're those impacts coming from.
As expected in last weeks (refer to my weekly outlook pdf), VIX is nothing but on the rise. It will become clearer and stronger if it breaks up 22.5 or higher..
VIX continues to trade higher relative to the futures back months, which tells me to "continue to sell premium here." That being said, I don't want to go all crazy throwing on a bunch of 1 standard deviation short strangles/iron condors or iron flies in the broad market instruments here since we have that little binary event coming up on Tuesday which -- in all...
Volatility has been at very low levels throughout the summer Currently exact mirror image of SP500 with a nice rounding bottom Recently broke above key 20.50 level and formed a golden cross (positive cross-over) Looks slightly overbought for now Expect some breathing space today and resumption of up-trend next (election) week STAY LONG (VIXX) if you are BUILD...
VIX weekly tested up the the flat top of the kumo. See how it ends the week.
Refer to comments in chart $UVXY
Let me start off by saying I don't think a crash (-10%+) will occur before election day. Still as experienced in previous election cycles, usually two to one week before election day markets tend to sell-off as there is high uncertainty associated with presidential elections. I am basing this possible short play totally on technical and news factors; namely...
Projected channels if resistance is broken around 13.7 Cheers, Keops
I am going long if VIX goes near the 12.50 mark. Will also look for shorting opportunities on the S&P 500.