When the VIX breaks out it doesn't just hurt Equities, Crypto also responds.
A Pullback to the support zone, 26.00 should be observed for a reaction. The 2022 50% is the Key Over/Under. Consolidation PB is underway ahead of EPS. 26.00 is the PO 31.20 is the extension on reversal and back to the larger trend.
Follow the MA (Blue line) as the support line. I sold today. If we revisit that line at around 23ish, I will rebuy again. Good Luck!
In my weekly analysis I always check the VIX for market timing. Last night during my Sunday video I noted the 27 level on VIX as key. This is the 50% Retracement of the late March rally in stocks (and all risk assets for that matter). To hold this level represents a potential turning point. Today's price action did the following; Opened above the level, pushed...
good afternoon ~ i've got a little idea for spx that just came into my mind. the chop zone we're in has been extreme, but all of the moves have come in 3 waves. there's a good chance we're building a fairly large triangle that will complete near the middle of the summer after which i think we go up to complete the final fifth wave in the 12 year count.
Long Reversal in DAX40 - After breaking the lower BB, we are back in the bandwidth - You want to learn more about the Bouhmidi-Bands - Check my Script here on Tradingview:
The JNK ETF looks like it is heading further down still -> Bearish for equities. The IWM ETF is likely to follow through after closing at a low -> Bearish for equities The DJT ETF looks a tad bearish too -> Bearish for equities The VALUG looking to fail support, with a bearish candle for more downside -> Bearish for equities The TIPS ETF continue down draft->...
✅ Here I expect the same scenario as on S&P500, the price to take out the liquidity below PWL (previous weekly low) and to reject from the bullish orderblock+institutional figure 13000 to fill the imbalances left behind.
✅ Here I am looking for a long position if the price take out the liquidity below PWL (previous weekly low) and rejects from the daily bullish orderblock + institutional figure 4200, also the price has to fill huge imbalance left behind.
✅ Here on VIX we are very bullish, but I expect the price could go a little bit higher to close the imbalance and to take out the liquidity above PWH (previous weekly high), then to reverse from the institutional figure 30.00 for filling the huge imbalance left behind.
This VIX pattern could be/become self-reinforcing (via psychology, margin calls, stop loss orders...). In particular, if the VIX rises above 30 (link to more global analysis below).
Chart 1: Whenever the the Russell 2000 came down and got close (from above) to the SPX, the SPX went further down. (Pleased ignore the first red dot to the left, as the Russell die not come down there to meet the SPX but vice versa) Chart 2: Whenever the VIX, coming from a modest down, crossed the red line, soon further spikes in volatility followed (red...
23 April 2022 Vix may continue to spike up next week. Resistance 35/40 Support at 20 hold steady for last 2 week.
Vix last week forms this great pin and looks likely to rally higher next week after a pullback, so what is this telling us about upcoming events? the higher VIX rallies we usually see a reversal in the SPX500 Indice, so I added this to the chart and we can see we are currently trending downwards. A high VIX usually implies Investors are cautious of the market and...
alright, so i think i got the idea down. --- there's a ridiculous amount of puts in the market right now - like more than i've ever seen before. majority of those puts are going to expire worthless, i'm calling it right now right here in this post. --- what i have projected here is a rough outlook, but it is my primary. these moves can take a lot longer than...
don't know what jpow said to break the markets, but it looks like my original idea is coming back to life. shared it a few days ago, so far so good. refer to this post for more context 👇 down side target at 4326.
“You cannot conquer a mountain, for it shall continue to exist beyond you. However, if not careful, a mountain can conquer you.” --- Some people are bullish, others are bearish; while i stand aside and observe. There's a very strong case for both sides as of this moment, and they're equally probable. This is mainly why I remain on the sidelines for now; I...