🖼 Daily Technical Picture 📈 ➤ We saw the smallest of bounces in the S&P500. It was uninspiring. Still, an upward move has to start from somewhere. Today may be the day to risk some capital. ➤ Uninspiring too is the Poll I took about people's opinions on which group of market participants might do well next year. 45% voted for "Everyone is a Loser". The...
I would like to do some qualitative analysis on VVIX/VIX, and it's behavior/effect on markets. We will try to pinpoint some "wave types". A. The most consistent/stable growth for SPX occurs in times of stable VIX and stable VVIX. Their ratio remains the same. B. At times of decreasing VIX and increasing VVIX, we have an unstable, impulsive upwards wave. This...
In the chart above I have provided the following: 1. Channel confirmation on the daily timeframe. 2. Current downtrend channel in VIX that appears to be coming to an end that should definitely expire by January 24th. 3. Resistance marker at 25 from previous tests can indicate strong support for SPY in return as it can force VIX to stay in demand zone.
$VIX is creating a Bullish 1-2-3 Pattern at its previous market structure bottom (Support marked by the grey box). Price is currently consolidating at support and what historic price action tells us is that price usually has a period of consolidation known as a pullback or "Retracement" before it continues in its overall direction. I have price returning to an...
🖼 Daily Technical Picture 📈 ➤ Equities continued their free-fall. It has now given back 50% of the gains as measured from the Oct bottom to Dec top. Price has reached a support zone. This is an ideal area for prices to rebound higher. ➤ Can you believe it? There are only 8 trading days left in the year. It's been such a tumultuous year that I can't even recall...
🖼 Daily Technical Picture 📈 ➤ A Change of Character "CHoCH" has occured in S&P500 uptrend since the Oct bottom. The drop since 13th Dec looks to be the largest in size. This changes the momentum of the Bulls. Either Bulls will take pause with some sideways movement prior to igniting another run higher or the Bears will now come out to play. I favour the Bearish...
$SPX STOPPED COLD #SPX Weekly some hope but that can take time
$VIX in middle of range with slight +bias IMO #VIX resolves in 23 Long term, monthly, it kinda looks like it can resolved as it did in the shaded areas, again, likely 2023 One last hurrah #stocks #options
TimeStamps: VIX 0:00 APPL 1:03 NDQ,DJI,SPY 5:12 BTC 6:24 DOGE 8:38 HD 10:50 DKNG 14:00 META 15:18 PYPL 16:18 Just an overview since the last video and some thoughts moving forward. I hope you all are doing well. Sorry for not being on as much as I used to. I hope to be on more in the future.
0.382 fib level and resistance, if it wants to go to 0.6 ill keep adding shorts again
The turquoise trace matches nicely for the spacial orientation of the recent level behavior. The indicators (Momentum on top, and RSI on the bottom) also appear to match each other, in-phase. SP500 crashing now? I think it has already begun! :) Follow along for updates to this idea, and many more! Good Luck, God Speed, love & Light to All!
9 count on the weekly is approaching on vix Powell will dump on bulls soon…. Don’t stay long
We are coming to a cross road of reality here soon. the chart is showing some long term signs that aren’t looking good at the moment.
We want to hint at the opening gap in the Volatility S&P 500 Index (VIX), potentially foreshadowing big moves in the market. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any...
The price action of 2022 has been dominated by inflation related news. The start of the recent rally began with the October CPI print where an expected 8.3% came in at an actual 8.2%. This was a slight change but the first sign that inflation may have peaked and thus the Fed might pivot from their interest rate hikes. The market has loathed higher interest...
$SPX vs $VIX With the amount of downside #SPX has seen you'd figure #VIX would be much higher #FED has made it clear, we also said this long ago and many times, they had to make a decision, markets or #inflation Guess which #JeromePowell is picking Distribution began a few days ago
🖼 Daily Technical Picture 📈 ➤ I expected a move higher for equities given my long exposure. The exposure was relatively small reflecting an overall low level of conviction. The surprise to me was the extent of the negative move. This overshadowed my low exposure adding to the recent run of bad trading results. ➤ Technically, the uptrend since the October bottom...
So I'm just pointing out this current thingy because a lot of you guys have pointed out that 2022 looks a lot like 2008 on SP500. Well. Looks like VIX is acting weird too. Leave your comments please.