What's bearish: - Rising Wedge pattern - Rejection of the 200MA - A decrease in volume in the last 2-3 trading days - Bearish divergence (red line) - Falling wedge pattern on the VIX (image in the comment) This is a pure technical standpoint, it has nothing to do with fundamentals or the market sentiments Me: Hello I started with stocks 1 year ago. After...
Per chart we are bouncing off a bullish trending line as per usual. Here's another great entry on the bounce.
Hi folks! I just tried to take a broader perspective on things again, and wanted to take a look at the pricing of the S&P500 relative to the M2 Money Supply, as well as the effect of real interest rates on markets. Note that the orange line here is the negative of the real interest rates - that is, . My takes are these: (1) The S&P500 relative to the M2 (broad...
Hi folks! Enough said already - just stay out: - S&P500 has just once been more expensive in terms of most metrics (Schiller PE, P/S, Relative to Money supply etc.) - Real interests (inflation - treasury yields) have NEVER been as negative as they are now - contributing to huge inequality in society => Fed will have to act, and most likely a lot faster than the...
Expect the VIX to close the bullish GAP right into NY session then reverse from psychological barrier 18.00 What do you think ? Comment below?
Hi folks! I really think that the bullish trend is broken and that the market will soon realize that the pricing is built on easy money and Bigger Fool bets very soon - tight movie theatre door etc etc. The end of a market cycle is always a fool's game - the smart money is gone and only those in denial are left trading for the great honor of holding the bags. I...
spy daily is deep in the red. this is making me think were near max pain as it is near critical support. im capitalizing on the chance that vix goes down from here for a while.
The VIX is inside its Intea-Day Uptrend. The ES is inside ita Intra-Day downtrend. ___________________________________ Countertrends will move price to the VIX squeeze providing a Lower Low for the Indies. 8 AM Bond Open will provide some clues. Vix Support is 19.70 4645.25 and 4638.75 remains the Micro Support for the ES. 4691.74 remains overhead MIcro...
The US dollar started 2022 ahead of ASEAN counterparts. Indonesia was a notable anomaly, with rising palm oil and coal prices likely offsetting a negative tone in the developing Asia-Pacific area. The US Dollar may be ready for another round of significant losses against ASEAN currencies. Last week's FOMC minutes revealed a notable hawkish tilt among officials....
Leading Indicator panel update: JNK - the topping pattern continues to play out for JNK, looking for a lower low, after the last lower high. IWM - The Russell 2000 ETF failed a breakout late last year, and is about to break down of a support given the bearish weekly candle. DJ Trans - a system Sell signal, and likely downside off the Dark Cloud Cover...
Here is a pattern that I noticed in UVXY over the last year. The red trendline has been very consistent as a time for UVXY to change directions. If it holds, then the market is moving back into rally mode and we should not expect to see another pull back until mid-January.
I have over laid SPY and VIX on the 1 day chart. When we see a spike in Vix the market becomes destructive. While VIX continues to settle back down the market becomes constructive. Once that downward trend is broken on VIX we start accumulation in a sense until VIX starts to rise again then distribution starts.(SPY goes down). Basically Rising VIX = Falling SPY...
This weekly swing low not fully confirmed But it all looks very interesting Let's see what happens GRI NOT TRADING ADVICE
There are plenty of Bitcoin charts which were scaled, dashed with lines in order to justify desired result, a dream of $100K price level. Well, bad news. It won't. Before starting our review, if you are able to read simple graphics, please meet VIX: Volatility Index. Here you can see the opposite dance circles of VIX and BTC. As volatility decreases at stock...
We may see a small pullback in the VIX early in the trading day, or it can continue bullishly upward towards the target of the massive falling wedge it broke out of recently. Don’t let a few green index candles fool you, we have a long way to go before we crush the VIX, unless there is a serious change in fundamentals. When VIX is high, a good hedge is to...
$0.16 cents is the range up or down for this etf right now
Hi folks! There is a saying that you cannot T.A. the VIX - as it is not directly tradeable and is derived from a complex computation based on short term options premiums of the S&P500. However, the VIX also is an estimate of the expected short term volatility in the market (i.e. in the next 30 days), and by definition should be significantly correlated with...