After reaching the resistance zone of the upward expanding megaphone pattern just as we forecasted back in April, the Volatility index (VIX) has formed a strong intra-day reversal head and shoulders pattern on the 1H chart. This coincides perfectly with the positive divergences we are seeing on some of the benchmark US indices like the SPY and QQQ, which we...
104.55 presents some issues for the perennial DX Bears. Will it arrive, we've been suggesting as much for months on end. It is quite often Gold Bugs who cheer the Dollars demise, without realizing Gold has moved up with the Dollar. Why? Curious is it not, but the answer is simply Fear. Projecting what should never be... is not a winning trade in Fear. We...
UVXY shown here is an ETF of the VIX and it is leveraged, which means its dip under the current trend is insignificant and mostly due to beta slippage. The VIX itself is still trending up and volatility is increasing at an alarming rate. Buyers beware, the winds are changing in the bear's favor and a deepened correction in the major indexes is HIGHLY likely
we are coming off the first weekly higher low at all time lows since the corona bounce. we havent had a major weekly bounce since then. id imagine if we do close this week somewhat lower, and trend down into next week its likely to send uvxy over 21. if SPX continues its daily bounce next week id imagine were headed back to all time lows UVXY 13 or less.
#DAX40 - 3rd BouhmidiBands reversal short today. Upper Band is holding.....
This is just a guide for human psychology. Buy some when VIX is between 30 & 40 (FEAR phase). Sell some when VIX is between 15 & 20 (GREED phase). Vix the fear index is currently on an wide upchannel creating a lot of market volatility. However, we can use this channel range to anticipate temporary tops & bottoms until this channel breaks up or down. See chart for...
Chart self-explanatory. Everyone expected that rates will crash market and it didn't. This is something I actually envisioned would happen is that the market is actually going to go up. We need getting too much expectation on crash that actually it won't happen! this is the motto and the play the market has been playing all along and.... funny it works! Long...
Watching VIX daily for a small pullback and maybe sideways, and then possibly through the descending trendline from the covid highs. This would coincide with elliott wave analysis for the SPY for another leg down, and also the FOMC meeting coming next week (5/3), which is expected to bring volatility. Initial fib target $37.13, but the descending trendline break...
Gesundheit, Everyone! … that sounded fun this morning :) This most recent harmonic pattern in red, correlates to wave counts and indicators on the chart for our current position. It is overplayed, and scaled and stretched (just a nudge) to better fit our current support (solid) and resistance (dotted) levels, and the most recent major movements (overlap...
In today's analysis I want to give a comprehensive analysis on why I think that we're about to see a mini bull-run in the coming weeks. It's going to be a longer than usual read, but it will be worth your time 😊. Contents: 1) FED Interest rate hike on 04-05-22 & BTC bear-flag 2) SP500 3) DXY (dollar index) 4) VIX (SP500 volatility index) 5) Concluding remarks ...
Today price action did a common theme... the price of the S&P 500 broke the critical low of February 24th, 2022 which was the Russian invasion of Ukraine. The 2/24 low was important because it represented a maximum of FUD (fear, uncertainty, doubt) around a world event that by itself poses no risk to equity prices but creates a psychological sell off. Breaking...
good evening humans, everyone seems to be really bearish these days; it's actually kinda gross. so i'm just going to come out and say, the bear days are about to end. ---- we poked the wave 3 (of wave c) target today, saw a really nice reaction from it which came up in the cleanest 5 waves i've seen in awhile. our trading room expected this drop, and we got...
It seems like May setting up for similar play as March; systematically unwind vol throughout month after peaking at start of month. Looking for reaction from ~33.
if the selloff picks up next week im expecting vix to head for overbought levels and reach one of three resistances trying to reach for the .382 of retracement from the corona highs
Expecting bearish price action on VIX as we are in a strong area of resistance 34.00$ price area, price should start the selloff move from there, vix down means stocks go up perfectly correlated on today's moves. What do you think ? Comment below..
Direct return movement after testing the lower #BouhmidiBands.
With the daily close of 1 May, with 80% confidence, we can assume that SPX TOP is going to be around 4200 SPX BOTTOM is going to be around 4065 From Volume point, we can see that the POC is around 4150 area From volatility point, we are in the 75th Percentile of HV, with an aprox daily movement of 1.46%, while current VIX is around 33 / sqrt(252) an aprox 2%...
Here I expect bearish price action as price left behind a lot of imbalances that have to be filled, as well we can see that price took out the liquidity above equal highs. I expect the price could go for previous weekly low liquidity and to close imbalance around price level 25.00. I will look only for shorts on VIX, this means longs on indices.