VIX UVXY Reversal PatternQQQ SPY and the indices all had late afternoon Bearish Engulfing Candles Tuesday afternoon before the Fed Minutes release
I have charted the VIX as a ratio with SPY. IA down trend is persistent.
The ratio is at the lowest seen. However, RSI divergence with a slight increase in relative strength
as well as a dropping score on the Choppiness indicator both point to a reversal.
I will play this with call options on the UVXY ETF expiring on September 19th hoping to 2X the trade with
little given that the macros will hold up or raise UVXY as a bear market rally may stagnate or burn out.
What is your option?
Fear
DJI 2022 potential price targetsprice targets between $29k & $27k. with all the recession and inflation fears, markets are bearish for now. As we know there are still rate hikes coming by the Feds and this contributes to a weaker market for conventional stocks and commodities. We have two moving averages and a trendline that price action will have to contend with. Plus, we also see similar patterns with descending channels during this sell-off with the DJI.
BTC Roller Coaster: Fasten a SeatbeltWith the capitulation in may still lingering in the minds of retail and institutional traders alike, we get exposure to market events that speak to the uncertainty that lies in even the most advanced TA. With capitulation, a record number of liquidations roll through the equity value of BTC along with most ALTs. This part of the market cycle is not a hit and run situation either; this is a phase bound to last probably till mid-to late October as we approach the crypto "jackpot" month of November. Ranging markets are inbound but for now, this bearish flag is indicating a push further down into the low 20k's. Stay frosty my friends.
THE FEAR & GREED INDEX: THE LOWEST LEVEL, SO FAR.Welcome traders to this Fear & Greed index.
The F&G Index has gone to the lowest level of 6 to date. This is the lowest in the history of cryptocurrency and this could get recorded only if the market bounces back from the current level. In my F&G updates, I have mentioned that we can possibly see the F&G reaching close to 1 as well but then what? Could it go zero or -1? There's no way that could happen.
The F&G Index won't stay at this level for long. Soon we will see the indicator moving from 4,5,6 to 12,20,30. This is the time of accumulation, my friend. This is not the time to give up or sell your bags. I am accumulating it one at a time. No rush, no harry. Just slow and steady.
What is your strategy? Are you accumulating too?
Like and follow if you agree with me.
Thank you.
DXY EconomyThu
6/9
Z.1 - Financial Accounts of the United States
1:00 p.m.
CP - Commercial Paper
4:15 p.m.
H.15 - Selected Interest Rates
4:30 p.m.
H.4.1 - Factors Affecting Reserve Balances
Fri
6/10
1:00 p.m.
CP - Commercial Paper
4:15 p.m.
H.15 - Selected Interest Rates
4:15 p.m.
H.8 - Assets and Liabilities of Commercial Banks in the U.S.
Mon
6/13
1:00 p.m.
CP - Commercial Paper
4:15 p.m.
H.10 - Foreign Exchange Rates
4:15 p.m.
H.15 - Selected Interest Rates
Tue
6/14
1:00 p.m.
CP - Commercial Paper
4:15 p.m.
H.15 - Selected Interest Rates
Wed
6/15
1:00 p.m.
CP - Commercial Paper
2:00 p.m.
FOMC Meeting
Two-day meeting, June 14-15
Press Conference
4:15 p.m.
H.15 - Selected Interest Rates
Thu
6/16
1:00 p.m.
CP - Commercial Paper
4:15 p.m.
H.15 - Selected Interest Rates
4:30 p.m.
H.4.1 - Factors Affecting Reserve Balances
Fri
6/17
9:15 a.m.
G.17 - Industrial Production and Capacity Utilization
1:00 p.m.
CP - Commercial Paper
4:15 p.m.
H.15 - Selected Interest Rates
4:15 p.m.
H.8 - Assets and Liabilities of Commercial Banks in the U.S.
BTC reverse?Cleary we can see the consolidation at last All Time High (ATH), than weans 2 ways we can see - 1) go under 20k to 18.5-12.7k
2) go to 23k and break up it.
I prefer second way cause today is 1) 7 point of fear (extreme fear)
2) we are under 200w EMA (22300 +-)
3)we are at the main support 20k as last ATH
BTC & fear and gree indexAccording to fear and greed index we are in buy zone. I am looking this indicator for long term perspective and not for swing trading.
REMINDER: if we are in extreme fear zone that doesnt mean that we cant go lower! so beter to DCA (dollar cost average) buying BTC if you deside so then all in!
BTC rally - Cipher Green Dot WeeklyThis is massive , market cipher put a green dot on the weekly on btc. It is the 3rd time it has flashed in 7 years. The first time it flashed bitcoin went up 350% the second time 700% + . It does not mean we are pumping today. Usually there is a last dump to scare the shit out of everyone , them a massive rally . This still needs to be confirmed by the weekly close (sunday @23.59)
Volatility is contained, but for how long?Despite the Russia-Ukraine war, despite inflation being at record highs, the DXY making a new high since 2015-2016, the bond market being in its largest bear market and with equities down 20-30%, the VIX hasn't really spiked yet. So far volatility has been contained and every time the VIX would get overbought at 35 or above, it would slowly get back down. However I don't believe that it can get much lower without spiking first. In the short term it could get down to 20, but given the current circumstances, it is very hard for me to imagine that the top for the VIX won't come at around 48 or above. It is also very hard for me to imagine that it would get significantly below 20, therefore going long the VIX at 20 or below is a great strategy until the Fed pivots. However once it gets to 48 or higher it is time to start going long everything as the Fed is probably going to step in and try to save markets.
I quote my girlfriend "I'm always right" 🚀🚀Hello everyone,
This is not a technical analysis
Recently, from my magic ball I predicted a descent to 28k. Most of the people who lost their money were packed in LONG.
Back then, I was breaking records when it comes to profits. Later greed spoke up and on the last little pimp I lost a lot of money in SHORT, of course through the levers. I was right, but so what;) You have to draw conclusions and not give up.
At the moment, I see headlines about the cryptocurrency crash and that they are dying. This is a clear signal for me to recharge and keep my hands under my ass. There is extreme fear in the market and people make irrational decisions. Whales send bitcoins to leverage, so they need to be sure that there is little risk in the LONGs. Additionally, in retreat, most say we're going to $ 20k. You have to play against everyone to win something.
As you probably already found out, there are the first cases of #monkeypox. The WHO may announce a new pandemic at the beginning of autumn. I compared it with the "COW ID" infection development statistics. I would be careful with long positions for this event. Good luck.
Comment and like
Regards
#buydips
BTC fear and panicSo this is it.. As I posted before, the plan I was waiting for is now reached. BTC reached the 25-26k level, and now we hope it closes weekly above 31.5k to confirm that it is still in the range. This would give clear signal to build a position into 40ks. Otherwise, wait until we comeback into the range or buy btc at the next weekly support (20k) or best bet is monthly support (14k). I don't think we will reach these targets though and if stock market doesn't puke I believe the bottom has been reached or is very near.
Ideas for $QQQ in months aheadDon't think crash is coming (yet). Or any real correction.
Earnings are too bullish for that, Fed is still keeping rates high.
I think we still have room for an impulsive blow off (again) out of a historical resistance to 400s range on QQQ before speculators will start taking profits, rates rise and this comes crashing down.
There is too much fear in markets now for there to be a real crash. Crashes occur at peak exuberance, and we have not reached that stage (yet).
I bet 2022 will be a bear market.
LET'S GET REAL: Fear of Losing! Hey Traders,
Most traders battle it. I myself had to progress past this in order to achieve consistent returns trading the markets. It is seen as one of the hardest challenges to pass in terms of emotional discipline. Understanding yourself better so you can make decisions in a calm, composed and consistent manner is crucial to success.
Today I wanted to touch on that. I wanted to talk about the fear of losing what spurred from my fear of losing, how I progressed through it (it still creeps in from time to time). Hopefully you can take from my story and how it improved your trading or how it can help you progress past that fear of losing.
If anyone has any questions or maybe some other stories in the way they progressed through a fear of losing or a fear of being a failure, please feel free to share in the comments and I'll get back to you as soon as possible.
Have a fantastic trading week!
US DOLLAR - Seniorage104.55 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 are reaching the later stage of Capitulation, extreme volatility
signals this event.
Tomorrow will be interesting as the MAY VIX Futures left several micro
Gaps below @ 29.24 and 30.05.
Is the end near?
Yes, it is quickly and violently approaching.
We will be watching the ES reaction @ 3949.50.
Trade safe and good luck~!
HK
Fake Breakouts everywhere Fake Breakouts everywhere , in my opinion due to the fear + feds + war + inflation.. Bitcoin will drop to 32K and only then will start the way up again, this days Russia is ready for massive attack on Ukraine witch can lead again to Mega fear , Gas and Oil prices .. be safe trade safe.
have no fear, the professional idiot is here!to save the day.
CV is a hoax.
but on some real stuff they've poisoned our water supply.
i would know, i'm nuttier than a peanut allergy.
this schnitzlefrats is so overly simple, it's actually hilarious. KINDA. well, actually, kindareally hilarious.
papa trump is workin the economy to make people money. not just him. not his cronies. not your grandpa.
you. and everyone you care about. yet, panic? papa trump rewards you for being a good citizen of this
dear country and you turn around and S E L L due to people who C O U G H?
Know how I know that? Because I'm a professional amateur, and even I can see this incredibly easy pattern.
Know how hard it is to figure out that pattern, as a complete idiot/noob/amateur/banana, etc?
ezpzlmnsqz.
go to google.
type in elliott wave correction stuff
search around
look at patterns
see if patterns match current pa
???profit
Here, let me Google that for you:
www.elliottwave.net
scroll down a bit.
look at traingles
just so happens the "Corrective Wave (Horizontal) traignles " section shows EXACTLY what we are doing, at the BOTTOM of the 8 examples.
the 4th one down. the bottom one. hmm.
ANYONE can do this. stop being lazy. stop panicking. you have a stupidly easy once-a-decade-if-that opportunity here. utilize it.
www.investors.com
won't you take me to
keksitown
won't you take me to
keksitown
won't you take me to