Traders, I want to go over a few items that should remain on our watchlist this week and where the indicators are leading me. I will also give an update on how Stewdamus 2.0 is coming along. -Stew FED Events 🏛 🇺🇸U.S. ECONOMIC DATA THIS WEEK: *MANUFACTURING PMI (TUES.) *SERVICES PMI (TUES.) *NEW HOME SALES (TUES.) *DURABLE GOODS ORDERS (WED.) *FED FOMC...
The relationship across SP500 volatility and Bitcoin was pretty much related over the last months. I see some levels of prediction when it comes to VIX spikes being seen on the chart and in consequence, a strong reaction of the Bitcoin price action.
Traders, We're going to talk about this bear flag on Bitcoin. Will it play out or have we reached a bottom. 29k continues to hold us for support and that is good. The dollar looks like it's coming down a bit. Vix sideways. And let's take another peak at our new data point, the Nasdaq 100 above the 200 day moving average. -Stew
VIX Daily neutral with a bearish bias. *VIX (Volatility Index for SP500) has gradually been rising since November 2021 for a variety of reasons but mainly having to do with supply chain reorganization (due to Covid and geopolitics) and the Federal Reserve transitioning from QE to QT.* Recommended ratio: 45% VIX, 55% cash. Price continues to trend within the...
cup and handle target 55+, cluster from 2020 seems to correspond to that level. This could be very fast, within 2-3 weeks.
In the past week, the market saw a decrease in volatility , which accompanied the relief rally in the stock market. However, just recently, we stated that we expect the rally to be shortlived and to reverse its direction to the downside. We continue to hold this notion also nowadays; indeed, we expect an eventual breakdown in the stock market and new lows to be...
I think we could see a retracement here after the price filled the imbalances and the gap to the pip. Even though I expect the price to go lower to close the imbalances left.
Settlement is complete. Lower Po's are now open. VIX Roll Yield 105 Bips.
Looks like good adherence to to forks, will be interesting to see if this acts like a diamond or continues higher, implications are obvious I think.
The VIX cup & handle pattern failed to break out. Stonks rebounded from over sold in what is most likely a bear market rally.
Fibnacci Analysis: Using Price & Time Vix will cut gains in prep for FOMC rate hikes. (Mid-May to Early June) Vix will make gains to prep for FOMC rate hikes. (Early June to Early July) Vix will, then, cut gains post FOMC rate hikes (Early July to Mid July). Vix will, then, make gains to prep for FOMC rate hikes. (Mid-July to Mid-August) Idea...
If we ever reach extreme fear again, then it best buying opportunity without doubt,, but now i've only been wondering. . it's not fun lately... I'm on "Trading DETOX" mode
VIX: 28.78 support or 30.23 resistance. $SPY 402.55 resistance or 397.18 support. These are levels to watch this morning
Trade Idea: $VIX short positions under 27.70 // long positions over 32.99
high 19s are due if we can hold above high 18s. were headed for that same resistance and if we break the quad top it will close the gap at 20.05 . short targets are lower horizontals if we cant hold high 18s and the middle line is what i think would be a good pivot. TRAMA is flatlining, and VWMA is wobbly but if we start to see red crossing above blue and trending...
interesting correlation between the vix & brent crude with economic recessions & "booms" through the years
Swing traders should always be watching the VIX. I see VIX hitting a pretty major resistance right now. To me this signifies a small period (couple weeks ish) where tech and beaten down stocks can make up some ground. When Vix hits my support line, I plan on loading up on swing puts/shorting altcoins. I am a perma bull but recently I have inverted my charts and...
The VIX has Gpas slightly below into the 29s on the 15-minute chart. Breaking 30 would create an immediate dump. Friday will provide a tell for the CT for the Indies. ___________________________________________________________ The VX Curve remains in Backwardation will beyond M2/V2.