the hourly is looking oversold, so id imagine we have some rebound in vix, but the overall daily trend is threatening to confirm return to bear vix while broader market bounces. if we get spx, ndx making new lows of day simultaneously with multiple sectors like xlf, soxx in the red a return to bull vix could happen (highlighted areas where nadaraya watson envelope...
I have been asked how low the S&P 500 could go in the coming economic downturn. In terms of stock market price action, all major economic downturns are merely Fibonacci retracements on the yearly chart. In fact, we can predict with a reasonably high degree of certainty the bottom for the next recession before it even begins! That's because stock market bottoms...
As you can see from the images below, all of the bowls are the same size with similar action from the support lines. This time out the VIX has broken out of the fallen wedge and looks to have confirmed it by touching down. These have been quite accurate so far and I believe that we'll reach 34 by next friday. Sounds quite silly, but the bowls are all of the...
The VIX is the CBOE Volatility Index of the S&P 500 Index. The VIX is generally inverse of the Market's Movement, specifically the S&P Volatility is not stable for markets and acts similar to a greed/fear indicator for the markets. The Higher the Volatility (VIX) The greater the Fear VIX has been in an uptrend the past few months since the Bear Market Kicked...
🖼 Daily Technical Picture 📈 ➤ No prize for those of you who guessed the title of today's update. It's growing a bit tiresome. As in previous days, prices opened higher and ended lower. As suspected, with VIX moving higher, S&P500 set a new yearly low in the process but was able to close above the support level. ➤ This tiresome behaviour may bring about some...
Lets satisfy this and finish this move up at 1.618 and mark a temp bottom on the indexes. Going to be 60% long when we hit that target. Will add when I see bottoming signals, aka wave 2 Hitting 36.50 VIX should conicide with 3588-80 hit imo
Volatility rising… implies that too be true! The pink and purple forecasts are representative of the behavior of this volatility derivative of the SPX. Good Luck, God SPeed, love & Light to all!
Traders and Investors, The VIX picked up a lot of strength and violated the bearish flag that was earlier forming. Now it has just completed a W pattern which means that it can take a bit of correction. An extended version of this W pattern places the price in the next FCP zone as well. So although there are chances of it falling down, a little more strength can...
Hey !! So I've been digging and experimenting with multiple market instrument relations and I have picked those three - SPX, 10 year bonds and VIX as they are the most powerful of all. And I have noticed it has been creating a really clear trend of up and downs - comparing it to SPX it has shown that everytime we have touched the bottom trendline - the market...
vix and vix products are selling off outside upper envelope. if we remain in a daily uptrend there could be room to jump back in but my guess is the market is bouncing for now.
Hello,Traders! VIX went up sharply and is now Retesting a falling resistance line From where a pullback is possible But because its VIX which grows Much faster than falls The short is risky therefore Use small portion of the account For this trade! Sell! Like, comment and subscribe to boost your trading! See other ideas below too!
Charts sez it all. Although I'd like to add it amazes me how many Gurus fail to comprehend what is ongoing. Simply amazing. Think Bank Credit. Think UK Mortagage Halt. Think EuroDollar. __________________________________________________ Good Luck.
🖼 Daily Technical Picture 📈 ➤ Bulls are being tested for the second day. This time, prices were not supported at higher levels and finished the trading day near the lows. VIX leapt higher again. Things are looking pretty ominous. ➤ I don't know if it's good news or bad news but the daily trading volume is moderate. Although elevated it hasn't really spiked. A...
A good spike up to hit 1.618 tomorrow will be perfect to mark a temp buyable bottom. Fear and Greed is at 18 (extreme low) Tomorrow I start buying!
Identical chart as below, but with VIX in the main panel instead of UVXY
Short sale Volume seen spiking on UVXY. Data releases today from Chicago Fed showing Economic activity Index slowdown: actual 0 versus consesnus 0.24, prior 0.29; and Dallas Fed Manufacturing Index miss: -17.2 versus consensus -5 and prior -12.9. Dow Jones Industrial Average made yearly lows late last week and again today as it lingers at low 29K. Nasdaq and...
Traders, The fear index is up against resistance. Do we come down now? Data from other sources and charts is telling me we might. Stew
Is the S&P500 about to double-bottom? We should find out soon! Like today!