Using the previous bounce back in September 1st and had a month of bullish trading, I believe that in the near short term there may be another bounce. The RSI is beginning to show signs of upward strength. Despite this, there is strong bearish pressure as of now. Keeping an eye on this pair.
DJ:DJI is fighting to stay above, hang around resistance. NASDAQ:NDX came back & fighting to chug higher as well. VERY IMPORTANT AREA for $SPX!!!!!!! Strength has subsided but it's not down yet. Could AMEX:SPY retest the highs? TVC:VIX is holding but doesn't look fully awake. Hmmm... #stocks AMEX:DIA NASDAQ:QQQ AMEX:SPY
1. Higher Than Expected NFP Report: If the Non-Farm Payrolls (NFP) report is higher than expected, indicating strong job growth, it could lead to increased market optimism. Paradoxically, this positive news might also cause concern among investors. They might worry that a robust job market could prompt the Federal Reserve to raise interest rates to prevent the...
What do you think? History Does Not Repeat Itself, But It Rhymes -interest rates are about to decline -VIX options P/C ratio of December is about 0.5 -technically we are at top (spy) 8,12,13 of December market will decide.
Here is our detailed technical review for VIX. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is on a crucial zone of demand 12.66. The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 16.01 level. P.S Overbought describes a...
TVC:VIX is trading under the "13" support level. The 12 area has not been touch & there's a struggle trading above 13 again. Let's dissect shorter term, 1Hr (not here, see profile) There's slight positive divergence being formed. However, it is way to early to say #VIX will reverse here. CBOE:SPX closed STRONG on Friday and the #SPX500 had the highest in...
Nifty nearing all-time-high, and India VIX is rising too! VIX>13 and up-trending. In Feb 2023 we saw India VIX climbing up to 18. Purely because of National Event - Budget. This time we have even more sensational National Event - Elections! Will it breach 2023 high? All the best Option Sellers. The dance of Volatility starts!
On Friday, the Volatility S&P 500 Index reached new lows unseen since January 2020. What is intriguing about this situation is that new lows in the value of the VIX tended to be followed by a subsequent spike in the index and weakness in the U.S. stock market (over the past year or so). Considering that the recovery of the Chinese stock market is starting to show...
TVC:VIX is almost @ the MAJOR SUPPORT level we have spoken about many times. IF this 12 area is broken it has a history of going as low as 10. Sub 10 = R A R E! Pulling back to this area after a high VIX, then normalizing to a low #VIX, it has signified a GOOD CBOE:SPX RUN. After some time, shortest span was 2 years, the VIX eventually trades higher &...
The VIX will spike again, nothing to do about it. Fundamentally, a perfect storm is brewing. We had/have many events in the markets: - Covid Pandemic - Supply Chain Disrupted - Ukraine Invasion - Russia Sanctions - Inflation Spike - Energy Crisis - Global Drought - Interest Rates Hikes What's next, a full-blown WAR?
VIX is pointing towards another spike in volatility as a probably scenario. This would or could cause a major sell-off in Indices and Stocks, on a global scale.
I was writing once about #VIX: As history shows, the VIX can move around these values for a longer time too. This means that even if we come to 15, 11, 8-9, it is not necessary to wait for an instant market crash. We can get a not bad rally. In front of you Monthly chart of #VIX There is still space to go down. Be careful when #VIX touches levels below...
Daily TVC:VIX seems to be heading lower, likely retest 13. Weekly not much sign of holding, maybe 12? Longer term the trend from 2020 is obviously broken. Even the monthly can't help now. There is STAUNCH support @ 13 then 12. This area has been strong for a long time. BREAKS? Then 10. #ViX
It’s that time of year. Equity markets are often quiet while bond traders are sometimes caught napping on the trading floor. Thanksgiving is historically quite bullish – Stephen Suttmeier at BofA points out that in all years going back to 1928, the S&P 500 has outperformed over this period (markets are closed Thursday, and Friday is an NYSE half day). The average...
The Red line is support formed by $CBOE:SPX/FRED:M2SL The Green line is a duplicate of the red placed over the VIX for the same period showing clear divergence and a point of resistance. I know the VIX is misleading now due to 0dte. Critique is invited but regardless, will the Grinch visit this Christmas?
TVC:VIX chart mapping/analysis. Always been a firm-believer in strong negative correlation with SPX. Key is not matching SPX highs with VIX lows ie "catching the bottom" - it should be used as a supplementary indicator for overall market direction, by identifying key support/resistance areas for trend switches that aids you in developing a Trading Edge...
Traders, It has been an amazingly bullish last couple of weeks both in the stonk world and in cryptos. In this video I cover what has occurred from a technical basis and what I think the charts are now showing us. In short, stonks look to continue their upward trends but crypto is less certain. I also wanted to explain why I went short on a few trades. What was I...
Possible scenario for a dull data next week for US30, NAS100 and US500