I AM NOW 50 % NET SHORT DIA SPY QQQ and long VIX We are in a zig zag and a triangle patterns within the choppy phase see updated forecast a quote A up down up pattern will form before the wave 5 down or a larger wave B into a low 3588 to 3488 focus 3511 NO real change to this forecast There is NO more Bull market it ended
good morning o/ ---- es has been working on a little impulse over the last couple of days. my upside target for this current move sits at about 3999~4000. (can take a few days to get there) ---- currently unknown as to what comes next, will be determined based on the reaction we see from that 4k backtest.
As mentioned last week, we were suppose to go lower to retest the gap up from June 17th. The past week made the count incomplete, if it did test last week lower, we would be on our way back to 4k but it didn't. Volume was painfully low on Friday and it was expiration day too. The July 14th break of support at 373 was very telling. June 22nd low then gap up...
VIX is oversold on several time frames on various indicators from the recent bear market rally where bad news was celebrated as good news. I'd expect the VIX to bounce this week and stock averages to reverse lower.
I am in all cash waiting to confirm the structure as the put call in giving sell and Vix is outside of my bands
Traders, In this weeks update: - I discuss and update to my dollar chart - We take a look at where the VIX seems to be headed - I explore one of my friends chart and why it points to the possibility of price direction this weekend. - Stew
With so many calling market bottoms already, I want to show you how we are not there yet, with this simple 3 Month (1 Quarter) chart. We can see, via SPX & VIX, for the bottom in last 2 recessions (2020 & 2008), that quarter had: VIX over 40 (not equal to, since Oct 08 quarter was exactly 40 & not yet bottom) capitulation from significant SPX selling Volume (2020...
A bearish or bullish candle followed by a day were the cash VIX opens & closes within the previous days candle AND are the opposite color are typically signs of a VIX reversal. IMO the very best signals are ones where the inside day is smack in the middle (this is based upon a visual) of the previous days open/close (the green arrows on this chart). However, the...
good morning ~ --- spx is gearing up for a move up into that 4000+ area. if my count is correct, the rally should begin tomorrow. 3800ish, maybe slightly below can be met, after which a two week rally should take place. upside target at roughly 4060.
The Overnight push down had us gapping and opening above the 26.47 level i have been watching since last week . -Monitoring the 26.74 level for potential long trades on the $NQ. -Monitoring the 27.38 level for potential short trades on the $NQ
✅DXY is trading along the rising resistance And as the pair is retesting the it now I am expecting the price to go down To tap into the liquidity of the the demand levels below SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
VIX 4hr is back to support post payroll. This has been one one very low volatility bear market. Some referring to it as the sleeping bear.
✅VIX is going down now But a strong support level is ahead Thus I am expecting a rebound And a move up towards the target LONG🚀 ✅Like and subscribe to never miss a new idea!✅
Cash VIX has been managed lower during the post-Solstice Squeeze by the Crooks on the Order Books. Typical Summer so far, but it's about to get very interesting. While some are insisting New ATHs are ahead... we're going to be Sellers of ES YM NQ outright at levels. IV is quite high with an elevated VIX so prems on SPY Sep - Jan remain quite high, ditto...
$VIX $NQ 👀 Monitored the 26.47 level again today, was looking for a VIX close above for bearish activity... Going into next week, I'll be watching the 25.66 level as well.
So I guess everyone thinks the markets have stopped going down !!! The few times we were here WELL you can see what came soon after . I AM IN CASH 100 % looking to be short soon very very soon .
As most of you know, $VIX measures volatility index. It is usually inverse to $SPX/ US500. We have been trading within this curved pattern in $VIX since COVID. Break of this monthly curved pattern will likely imply a change in market sentiment. Downward break would likely imply a bull run resumption. Bounce from this area would likely lead us back to lows. Heavy...
Hey guys, It's been a couple of weeks since I put out an update. I am seeing some interesting indicators in the market as I come back to studying these charts. Today we'll take a close look at the dollar, the vix, and we'll also jump to Bitcoin, and talk about unemployment and OIL prices. These are all valid indicators of future price action in the market and if...