UVXY
context for the crossroads (uvxy)i just wanted to show people why this could still go very badly for broader market longs.
im not doomsaying, or fear mongering here. im simply outlining why i still have a long forecast for vix, even though we are almost breaking to new lows in uvxy.
the highlighted areas are times in the very recent past where spx has increased in volatility even while indices were on the verge of fully recovering.
again, im not saying long this thing right now. im pointing out how this could still be a bullish position for vix longs even while the market appears to be about to recover fully.
dont jump into uvxy trying to call the bottom, but do stay cautious!
this can still go both ways and tuesday is going to be critical.
dual forecast for vix (uvxy)the last few times vix has done this on the daily as spx sold off the week high was suddenly taken out, bullish divergence in rsi showed for uvxy as it beat the 1 of trend based fib extend, the vwma tucked under the price and began to rise as volume increased until the price hit the 2.618
right now the 2.618 is around $18.94
if we get over the week high right above $14, and immediately we see money dumping into vix as multiple sectors pull back at once we are almost certainly in for over $15, perhaps over $18.
if at any point we cant hold $12, and the weekly picture is showing healthy rotation finding higher lows in multiple sectors, were in for mid $11s, perhaps as low as $9.58
UVXY - 4Hr / Trend Cross of MomentumAn immense underperformer.
Frankly, will enjoy Selling this again once the
next correction trade is over.
Management excels at one thing... burning this down.
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Implied Lower Lows ahead down to $9, hopefully
ahead or ROLL / Settle for VX Complex.
UVXY (VIX) pattern implies risk on until mid-JanuaryHere 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.
as long as we respect the highs another top is in (uvxy)short term vix futures have put in a multiday high and many broader market sectors are breeching their intraday lows at the same time
this could have a longer term effect, but i think the short term movement in vix will trend back toward 11.89 uvxy
if we build a base of support above 12 and move higher we could be in for more like 12.30, but keep it on the pivot and it should be fine
UVXY. S-Mapping Decode PT 1. The Trigger of CajunNothing to see here..
Move along.
I am clueless pleb who scribble wild unfounded accusations of inner mechanics..
But yet you can't look away.
Deep down you have already asked yourself; what if..
It will linger in your mind. Implanted. Swirling with questions.
What.. If..
This is a game to me as much as it is too you.
I think that's fair.
Right..?
This is all just an experiment.
Just a simple one about human behavior.
That's all.
You are a participant whether or not you like it.
You are unable to opt out either.
Not by my hand, but your corrupted mind's.
It's a simple game.
A honest game.
A souls' game.
My game.
Glitch420.
VIX & UVXY to the moon, finally?
recent Zig-Zag area could mean a UVXY bottoming & long awaited spike might be happening
recent enormous volume levels for UVXY (biggest since March 2020 drop) - watch volume profile at 20 - lot of hedging in there
SPX reaching ATH in very explosive move with lack of volume
the possible spike could have many targets - once 20+ is broken - 45 level and beyond could be a reality (possibly 800+ if big SPX bear is in place for next months)
UVXY DecayAnyone who thinks it's a good idea to hold UVXY, you need to look at the long term charts. The decay on this is horrible.
You can however make a lot of money if the market tanks, but you need almost perfect timing. Not something I would hold unless I was sure the market's gonna tank.... at that point you might as well buy put options on stocks anyways,
VIX - fake-out/break-out?
VIX is on the edge of a possible BIG rise.
Massive spikes above 30 has been very rare , is it likely yet?
Look at the fake-out candle for this week just finishing below a last resistance stand. Is it sign of a reject?
Possibly we are forming a top for a VIX long and slow term UP channel in here.