Looking at the chart of VIX right now we are seeing some interesting price action on the lower timeframes. Thus a local move up seems to be quite likely. ❤️ Please, support our work with like & comment! ❤️
I have posted about this chart before, but I wanted to show it more clearly this time. Above we see SPX, the standard chart. Below we see a custom index I invented, which is VVIX/VIX. It is a neat way to make sense of the chaotic nature of VIX. To clear things out, I have hidden both charts and instead I show an indicator called WLSMA. It is tremendously helpful...
$VIX pumped hard these last 2 days Was interesting that it hadn't done much considering how much the #markets had fallen. However, it could be short term topping out as #stocks are oversold atm. 25 has been an issue for some time now. Other data is showing that we are likely setting up for a nice run.
Hello,Traders! VIX has hit a horizontal Resistance level so A retest of the target Below is to be expected Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
There are day rare days when the 2nd Bouhmidi-Band comes into play - This Morning - The Dax started with a gap-down and made a reversal at the second lower band.
Traders, Technicals are still on point. The only question is, "Can we tag our 200 day moving average on the BTC chart without breaking below it"? $20,000 BTC is key. Any break below means trouble. But using it as support without breaking it is technically bullish. Let's take a look at Bitcoin technicals as well as all the rest of the indicators we have been...
🖼 Daily Technical Picture 📈 ➤ I'm probably being overdramatic by saying all hell has broken loose but it certainly looked that way from my perspective with today's equity performance. The VIX certainly portrayed it by spiking much higher. ➤ Equities experienced the biggest daily drop this year. It is an acceleration of the drop from the Feb 2 high. It was only...
5 waves down all the way to ~100 to end 2022. Huge bounce all the way to 200dma and key resistance area that has rejected. 180 support failing ... looks like we'll move towards the gap fill at 145 Through the first 2 months of 2023, retail investors have bought ~$10B worth of Telsa, more than any other stock/ETF (compared to ~$4B of $SPY). What could go wrong?...
🖼 Daily Technical Picture 📈 ➤ Equity prices finished the day slightly up countering attempts for a further fall. Following-on from yesterday's note, that means there was NO FOLLOW-THROUGH by the Bears. ➤ I think the probabilities now favour a short-term reversal higher for the Bulls. A lacklustre uptick in the VIX with such a Bearish day yesterday was perhaps...
Shorted $AAPL at close to yesterday's high ($155-156) for a close to 25%+ gain with SPY being down -1.53% today. What comes next? 1/ TESTIMONY DAY 1 $DXY ripped through the supply zone during Powell's testimony. $SPY bulls will want to see DXY make it back in the zone for SPY to move 401+ which has acted as near-term resistance (anything goes when it comes to...
During '22 and each of the last 3 times the $VX 5/10 week SMA has done a 'Golden Cross' (5 week passing above 10 week) we have seen 5-10% drawdowns in S&P500 E-Minis Will history repeat itself?
🖼 Daily Technical Picture 📈 ➤ Equity prices ended the day sharply lower. It was either this or the other way round. I hope you chose the right side. I'm still sidelined. ➤ It's not all bad being sidelined. I get to think and write more in regards to my insights into markets and their behaviour. ➤ As I said, NO trade was triggered today. It was close. Now I...
Hello,Traders! VIX has reached a Horizontal support level So a bullish correction is Due and because VIX Grows faster than it falls We can be expecting A sudden strong Move up on the index Buy! Like, comment and subscribe to boost your trading! See other ideas below too!
“Happiness was never important. The problem is that we don't know what we really want. What makes us happy is not to get what we want. But to dream about it. Happiness is for opportunists. So I think that the only life of deep satisfaction is a life of eternal struggle, especially struggle with oneself. If you want to remain happy, just remain stupid....
🖼 Daily Technical Picture 📈 ➤ Equity prices ended the day flat after the initial Bullish momentum carried over from last week. Strange was the out-sized relative underperformance of the Russell 2000 small cap stocks. It sold off quite aggressively. What's a plausible explanation? Interest rates? Maybe it was just one of those days... ➤ BTW, I forgot to mention...
1/ WHAT HAPPENED? It's no secret that the past 2 days attracted tons of buyers and bullish sentiment on Twitter regarding $SPY 420+. My take: Unless we see a definitive break above ~$408 (see chart), this'll be another bear rally. I'll be evaluating this as the week progresses. 2/ MY POSITIONING - Taking an initial short on $AAPL $145P 5/19 this week -- a #SPY...
🖼 Daily Technical Picture 📈 ➤ My current view of equity markets is based on today's chart colour scheme. Green and a bit of grey. ➤ With a strong rebound higher in markets over the last couple of trading days, I think things look pretty Bullish. The trend from the October 2022 bottom is Bullish. It is a series of higher highs and higher lows. The classical...
Potential deep crab pattern developing on VIX. Project price target 14