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VIX - HIGH VOLALITY, 6.3.2020Hi, traders. My name is Lukas and I am a beginner in trading, respectively, I only trade 6 months. But that means I have to do the necessary analyzes without it I can't trade. I want to show you how I work on myself and document my beginnings. I use Vix and my strategy is built on to return to average. I highlight the important support levels and resistances that flow from the volume profile, all drawn on graph. These zones determine the ability to respond in some way to the market from 1 to 3, with 1 being the largest. Short description of analysis: So VIX has been stretched for a long time with our strong resistance (1) this area reacted both in DEC 2018 and in 2015. It is a strong zone. However, there is a sentiment of the corona on the market, which still cannot be slept by some traders. We have to reconcile and go with the market, not against it !! Therefore it is necessary to focus on longer periods. Great investment opportunities are opening up, VIX is proof of this, just choose rationally and wisely. VIX is in range and will probably stay there for some time. Of course, my analysis does not serve like market forecasts and I am not responsible for your trades if you use my analysis for your own trades.
CBOE:VIX
by Lucas_Sochulak
4
Why the S&P 500 goes down much further.Welcome to my Analysis of the S&P 500. First of all, I want to clear some misunderstandings of why it didn't crash at the beginning and why this crash is linked to the coronavirus. The coronavirus started spreading in China, the biggest source of our supply. Since the spreading was so rapidly, they needed to quarantine and stop production which cuts our supply chain. After that, big companies cant produce and make sales which is bad for the holders of the company. The news hit worldwide at the end of January and as you can see, the markets started to crash just because of that (1). So why did it pumped back to new highs? Well, that's because the Fed prints and pumps fiat into the markets to avoid a crisis. The economy is one of the biggest if not the biggest part of the stabilization of the country. That's why the state needs to counter a crash at all costs. But printing and pumping only works short term and that's why it is crashing massively currently. At (1) you can see that many entities exit positions in fear of the coronavirus. At (2) you can see the fed pumping printed money in the market to prevent a major crash that takes everything with it but only works short term. After that, the fed loses against the shorts and a massive crash occurs. Why will it go much further down? The biggest problem in this crisis now is that the USA is not testing people for corona. A majority of the people won't test by its own initiative since it costs a fortune to do that. That's why the statistics of the infected people in the USA are not truthful. Because of bad transparency, people keep spreading the disease even more. At one point, many Americans realize that there are far more cases in the USA then stated. Many quarantines will be set up and people won't be able to work. This conducts an even further crash. Also, China started its production again because of the fear of an even worse economic collapse. This, on the one hand, is something positive for the market short term, but on the other hand, spreading the disease even more which of course is negative as well.
TVC:SPXShort
by jessekr
Dow Jones - Reminds me of Niagara Falls 29500 to 24680Scaenario 1 - DowJones Falls 1000 points more below 25760 to another key level at 24680 - breaking that support it could be some serious fall of 3000 points more to 21712 Scenario 2 - Dow Takes support at 24680 - bottom as of today so far & holds to bounce upside giving some relief which will help India Nifty also to bounce next week on Monday 3rd March, 2020. Dow Jones at mountain top - The clue to the current fall which was expected was the Big Triangle sideways move. 13th Jan 2020
DJ:DJI
by WaveTalks
7
AUD/USD - Short, with added confluence to make this move strongDaily Support created the illusion for people to go long, the stop losses just below. Remember if you buy, your stop loss is a sell. You SELL your BUY position at a worse price! China and Australia's economies are very tied together, due to the corona outbreak the AUD is tanking. This added with the fuel from all the stop losses below the daily resistance zone create a good ammunition to take price down. Plus breakout traders golden rule is usually trade support becoming resistance etc. I entered after a pullback/retracement and break lower on 1hr.
Short
by joebrownFX
Most Exciting News For EGO in a DECADEGood morning traders, today we will cover EGO, a massive gold mining company. EGO let out some big news during a massive week throughout earnings pumping a massive 50%. Not only did EGO release some fantastic news but it just so happened to be after a major breakout which hasn't been tested since 2010. Another impact that should be accounted for is the Coronavirus. As Coronavirus scares grow, economic despair follows. On a side note, EGO just released some pretty big news about their mine Kisladag. Eldorado NYSE:EGO claims they have a plan for a 35% gold production increase. Average Volume: 2.20 million shs Current Volume: 20.22 million shs Eldorado says completed long-cycle heap leach testwork indicates increased heap leach life of mine recovery at Kisladag to ~56% and extends mine life by 15 years through 2034. On an unadjusted basis, Q4 net earnings swung to a $91.2 M profit, mainly attributable to the net $85.2M Kisladag impairment reversal, compared with a $218.2M loss in the year-ago quarter. My Opinion? 10.09 Breakout = Moon Friday we saw EGO touch over $10 a share after-hours, will we wake up to a bag next week? As always
NYSE:EGOLong
by DotcomJack
1
BitcoinUSD and China's Corona Problem Elliot Wave Update 1 HourChina has banned selling in their markets, and is desperately trying to prevent a market crash. No one is allowed to sell when the market resumes on the 3rd. Set bid price, no net sell before the 7th. Permission for sales over 10M yuan. Businesses desperate for funds to pay employees, and wants reduced taxes to help with the stress. The Chinese have built 4 hospitals practically overnight, they have one of the largest quarantines in recent history, they're spraying disinfectant from drones meaning the virus can survive outside the body for several hours on tables, ect. This will shake up trade in the US because we're so reliant on the Chinese and their economy to continue producing cheap electronics and misc goods. Gold and Silver continue up, Bitcoin is reacting the same way to the news. Bull market will ensue. Previous Analysis: This is not trading/financial advice.
BITFINEX:BTCUSDLong
by Mikeiavelli
3
NIO is BleedingWith most of China on lock down due to the corona virus there is no way that NIO could be profitable at this point in time. $TSLA reported strong earnings and people are looking to buy $NIO due $TSLA being strong for EV as a whole. However, NIO is unable to transport vehicle due to road blockages, employees are stuck at home, they have a $100 million bond payment due Monday and payroll due 2/7. With no positive cash flow this company can not retain their revenue.
NYSE:NIOShort
by TendiesBTC
5
Will S&P catch the Corona Virus to 3075? Or is it S&P to 3550+ My Position: Last TA I published on the S&P we had just announced a phase 1 trade deal had been reached with China. It was great timing as we need a push to get us out of the bottom sub channel we have been stuck in as we were reaching that resistance again for a 3rd time over the last year. I entered the market using slightly out of the money call options for a few months out on SPXL which is a bull S&P 3x return ETF. Before the Corona Virus, I was up 150% in a little over a month. Leading up to now: As many times as its played with breaking up out of the bottom sub-channel, its played with breaking down more. The bottom of channel is also the 10 year bull trend line, we have danced with it several times and late 2018 we had a massive break losing almost 10% value and well below the 10 year bull trendline. We recovered fairly quickly luckily and then we were bolstered with 3 rate cuts and $60Billion in QE-Lite per month still ongoing now. Dangers: Hand in hand with the Coronavirus outbreak, Fed Chief Powell signaled the feds would be looking to curb /end the QE-Lite that is not being called QE. To be fair the feds had reduced their balance sheets and incresed rates through out 2018 after a 3 years of letting things ride after 7 years of constant stimulus to the economy. Here is a great chart that shows a wealth of data in a single chart, from Reuters > USA-FED-PORTFOLIO Most likely this is profit taking after running straight up since mid October 2019 but at the same time investors should be leery of the feds turning off the tap that got this thing fired off to begin with. So as you can imagine given a recent and unquantified virus break out, an ongoing US impeachment that continues to get more complicated, a presidential election later this year, increased trade rhetoric with the European nations and a growing pool of countries resorting to negative interest rates, it is virtually impossible to know where the market will go and when it will correct. I will try to make a few points about the potential price action. ------------------- More probable possibilities: -We are positioned in a good place for S&P @ 3218 or so to hold support and retain grip on the middle channel. The reality is the phase 1 trade deal will act as a stimulus with tons of money flow this year that wasn't there last year, a relief of its own. If this support holds, the next obstacle will be S&P around 3550 around mid-march 2020, value dependent on when we reach top of sub-channel resistance. At this point we should already be starting to see some trade war relief continue the momentum pushing through resistance with slight delay and then seeing top of overall channel for the first time since December 2014. If we continue the general trend we would likely see the S&P at around 3950 by July/August. It would be a major feat to see the price action break up out of this 10/11 year channel. 3950 seems like a good exit for a long position and potentially an entry for a short position. -We could break back down into the bottom channel which if we dive to bottom of that channel has us seeing the S&P500 @ 3075 by early April. With trade rhetoric improving, only the threat of feds dropping their QE-Lite and the CoronaVirus have any ability to knock the market back into the bottom channel. This seems possible but improbable. -We could see the run lose steam as we reach the resistance of the top of middle channel and do similar as we did in 2018. How far we break above the top of the middle channel compared to 2018 as to whether the trend is improving. There is a chance we stay range bound here in the middle channel between 3250 & 3500 (currently) for most of the year, of course rising over time as outlined in the chart. -------------------------- Notes: *If you are a low risk appetite investor, consider putting your money into something more stable with a lower return until after election 2020. The market is volatile and unpredictable. My method of investing in options on 3x bull ETF's is some of the highest risk possible. If you make high risk investments, you should do so with a smaller portion of your overall wealth and pull some percent of profits out towards long holdings. If you trade crypto, please check out our market depth site @ vcdepth.io with various depth of market filters available and recently integrated TradingView charts its great for scalping and swing trading. No one else captures open-interest like we do. This is not investment advice, it is merely observations I have made during my trading analysis and I am sharing. Do your own research
SP:SPXLong
by EncryptShawn
1