So we've reached our goal almost exactly at around 26 - and all of that without retesting the broken wedge. Expecting now that pullback before the crash - this would bullish for stocks and crypto. This week could be pretty green.
Price and range typically move in opposite directions (you will pay more for a less volatile asset). The bottom chart (Average True Range) looks like a mirror image of the top (Price). For a perfect example I'm appending the same chat but have scrolled back to the COVID drop. The ATR is in a larger downtrend that remains intact. ** It did not break out today....
The recent market conditions have been strange. Post-Coronavirus Disease 2019 panic, everything went up in nearly a straight line for more than a year before SPX plinked 4,800, and then started retreating, within mere days of the commencement of 2022's calendar year. During the moon run, VIX spent ten months in an area that I regarded as a key accumulation zone...
The Vix cheat sheet indicator suggests I move downward of 5.5% if the Vix closes above the Bollinger Bands upper band. This indicator has been pretty good to tell the future.
As predicted, the market met strong resistance and was rejected. Sp500 closed under 50EMA on daily chart, the bearish momentum very likely will continue on Monday 29th Aug, there is plenty room to the downside. If you look at the VIX daily chart, today we had very big candle closed above 200EMA. This is not a trading advice, trading is risky.
TVC:VIX * VIX is ready for the spike to 24. be alert and adjust your positions. It matches the SPY Elliot wave analysis I published already.
Im looking for this to follow, still lower high since few days ago, a move above will seal the deal for new lows on the markets
A little misunderstood by most I think. Sometimes it's obvious DXY up, markets down and other times market up DXY not doing anything correlated but just ranging. It's not exactly always a 1:1 correlation but rather dependent on momentum and the consolidation phases. We already saw a big flush the last few days, naturally we could expect some sort of retracement...
VIX keeps going for the retest of the broken wedge, I see more downside ahead which will be bullish for stocks and crypto.
Good (middle of the night) to you! I am exploring this massive structural divergence between the RSI Indicator and the UVXY. Generally, these divergent patterns signal a reversal… and this is on a long enough range that it is implying a reversal from the bull rally of the SPX, which would result in a a bearish continuation pattern for the SPX. Good Luck, God...
Interesting if that move below the support orange line was the OPEX stop run The Bollinger bands are about to start widening as well as turning up! Pay attention to this, as its going to go parabolic within next week or 2. Only one thing is kinda stopping me to be fully short is the reaction of 29th low into the Sep Quarterly OPEX, then the markets are free to...
Safe experience lull you into a false sense of security, even when you know about a clear and present danger. That's what experts on risk and decision making** say about the role of our personal experience in our risk perception. Take 9/11 for example. Many, suddenly concerned about the risk in flying, opted to drive instead. However, in reality the risk of...
After the HTF wedge breakout - we are expecting a retest - and it just started going down filling the gaps - although we didn't fully reach my wedge target yet. Therefore I expect it to happen after we retest the wedge (even better if we do so before that). One thing is good here - VIX didn't go parabolic after a long bullish streak on the markets - meaning...
Draw this chart for learning purpose after market close on Aug 22, 2022. First Idea to publish publicly to apply the learning, I am not an expert just influenced by analysts publish on TradingView and decided to apply knowledge acquired by trying to draw and step out of my shell
Vix is looking very strong. MacD bullish. Lowest volume all year these last few weeks. It's ready for a huge spike.
What Is a Death Cross? The "death cross" is a market chart pattern reflecting recent price weakness. It refers to the drop of a short-term moving average—meaning the average of recent closing prices for a stock, stock index, commodity or cryptocurrency over a set period of time—below a longer-term moving average. The most closely watched stock-market moving...
VIX continues its higher lows and higher highs channel with the obvious elevated risk that exists in the world. Days we are in the low end of the vix are perfect for buying tail risk protection in the form of PUTs or selling OTM calls on underlying. Breaking the bottom of the channel will be more important than the top as this would signal an actual trend change....
Here the story keeps the same - wedge broken and doesn't show signs of reversing to retest the broken trendline. We can expect the 26 target to be hit, but after that we will see a down-move - specially seeing Trend Exhaustion Divergences and RSI being overbought. Long short-term (bearish for stocks and crypto) but Short mid-term.