VIX has been notably subdued lately, and though I don't spend much time with VIX; this chart looks ready to pop to me.
Crazy how the PA accurately lines up with my previous TA's. You can see $SPY retesting the TL resistance so I expect some short-term bullishness, and ideally it'll chop upwards as $VIX cools down too. Remember things can shift and there is LARGER downside potential.
🖼 Daily Technical Picture 📈 ➤ Equities once again recovered the majority of losses to finish the day with positive momentum. If you read my post last week about the "Follow-Through" this is exactly what I meant. Despite the sharp drop and fear in the marketplace, there was no follow-through. Thus the signs point to a rebound higher and I'm now positioned that way...
Traders, In light of the recent Silvergate and Silicon Valley Bank crashes and the Fed following this up with a guarantee to depositors, its spells inflation on. This gives us a big clue to how the market will respond and continues to support my thesis of a blow-off top in the next few months. Let's take a look as to how we should handle this information. Stew
Good Morning! We've been mostly cash when it comes to #stocks. Been defensive as we have #GOLD #SILVER #BCH #BTC (#crypto #altcoins in personal) some $VIX & some bigger VALUE names, added some more today $AMGN $VZ as examples. We've reduced the exposure as the direction seems south but anything can happen. FEAR is the word. #Dollar ripping again & bond...
🖼 Daily Technical Picture 📈 ➤ Equities recovered all losses since last Friday when things really started to fall apart. In the words of Porky Pig: "Th-Th-The, Th-Th-The, Th-Th... That's all, folks!" With a bit of a stutter, the crisis is all but averted. Sound the all clear! ➤ Well, that's my view in the very short-term from a technical basis. The only thing...
dollar rising, bond yields rising, oil and gas week, vix green thursday. is a turn in the works? Markets dont bottom on fridays. And why risk it over the 3 day holiday weekend (presidents day ) feb 20. TVC:VIX
volatility ahead breaking out must keep an eye on vix also
🖼 Daily Technical Picture 📈 ➤ Equities finished lower on Monday trade. If you had shut your eyes and ears over the weekend and arrived right now after market close, you’d think the market performance at the index level was just like any usual day in the past year. It was volatile, but it was certainly nothing extraordinary. In that respect, the regulatory...
$VIX rarely tends to trade in a small & tight range. #VIX Sold off big last couple months & traded in a decent range for a bit & recently, including today, popped big. As you can see it hit the top part of the Triangle Formation. Hard to call here but stocks gaining some momentum, being that many were OVERSOLD, including $DJI & $NDX, $SPX and so on, is not out...
With VIX ripping on today's bank FUD the IV Rank and IV Percentile of SPY is the highest in a year's worth of trading days. This sets up opportunities for premium selling that have not existed for a very long time. Rules: SELL the 20 Delta Strikes at 45 DTE or greater in monthly expirations. BUY wings at 10 Delta Strikes same DTE That ended up being: SELL...
As above. VIX looking likely to bounce back up to low 30s again. Will follow.
Hello all, I've linked my previous VIX set up which paid extremely well and plotted out as expected. Similar set up here and I've become very confident in my magic bowl as a precursor. The charting speaks for itself. All we have to do is sit and wait.
Fear is increasing. But if/when VIX reaches extremes at upper side of 2022 range, then watch SP500 for potential supports. First is at 3800/3750
🖼 Daily Technical Picture 📈 ➤ Most of you don't come to me for my thoughts on the fundamental aspects of the market environment and I don't usually offer them. There is however one particular aspect I think is worthy of mention. ➤ By now most of you should have read about the fundamental state of affairs in regards to SVB (Silicon Valley Bank). There are huge...
The Federal Reserve's extreme tightening just caused the second-largest bank collapse in U.S. history (in nominal dollars). In this post, I will explain just how far the contagion is likely to spread, and why this is likely just the start of what may be widespread liquidity crises. In early 2022, in order to mitigate the record inflation it caused, the Fed...
One more support for bull case scenario for NIFTY is DXY closing below 106 level. Till it below 106, long side may have better risk reward in case of Indian stocks. Two things are to be looked into DXY below 106 and VIX below 16. That will surely help bulls. One more important parameter is to be watched for is 10 Year G-Sec. It must stay below 7.50% for any upside...
The S&P500 / ES is sitting right at a critical point which I believe will break this week or next The weekly chart shows that the S&P is now above most key moving averages, including the 200 moving average (displayed in black), the 20 moving average (displayed in white) and the 50 moving average (displayed in yellow). Also it has broken above the upper...