VIX is bull flagging It does looks that VIX will spike up hard soon, min target is 31.30-45
So far futs already below 3880-86SPX level, that could mean a gap down tomorrow into 3800-20 zone and VIX gaping up nicely
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Vixlong
VIX remaining bullishVIX is one of the indicators I watch and it doesnt look promising for the bulls.
So far its a 3 wave move, but its in its new bull trend channel.
Next week or two will not be easy for the markets, volatility is going up, things might start to get crazy any time after Sep 13th!
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VIX is back into it's channelInteresting if that move below the support orange line was the OPEX stop run
The Bollinger bands are about to start widening as well as turning up! Pay attention to this, as its going to go parabolic within next week or 2.
Only one thing is kinda stopping me to be fully short is the reaction of 29th low into the Sep Quarterly OPEX, then the markets are free to move big again one way or another
VIX - Channel IntactVIX continues its higher lows and higher highs channel with the obvious elevated risk that exists in the world. Days we are in the low end of the vix are perfect for buying tail risk protection in the form of PUTs or selling OTM calls on underlying. Breaking the bottom of the channel will be more important than the top as this would signal an actual trend change. Cover sold calls and bought puts near the top of the channel and rinse. If the VIX breaks at the top of the channel, you will want cash to maximize the market buying opportunity. Timing the market is difficult, but not following a process and being greedy are not advised.
VIX broke one important support, still in consolidation mode imoVIX will start moving in Sep. Im not touching it till EOM or 4330SPX+
We got another VIX long signal with the close, same as we had on July 29th
Ideally it wont make a lower low from Apr 4th, it was 18.45. A gap up tomorrow is possible.
Going to do my homework, was an amazing wake up opening for me with both NQ and ES longs since last night, didnt trade much but the end of the day for extra more points
Bullish VIx, at an inflection point.Its been a while since we got to these levels on the Stochastic RSI for the VIX.
It is possible that we get a fast rally that's quickly faded on the Sunday futures open. But its not worth betting on.
I don't know geopolitics but the chances of this Taiwan shit escalating is significantly higher than it would have been say 10 years ago. America is losing its grip as the world police and its basically not taken seriously anymore, meaning china can get more ballsy.
I am of course taking this chart into consideration with my large ETH short.
VIX long positionCurrently, price is at the support level: The last candle touches the lower bollinger band, it means that there will be a bounce and the price should increase.
Moreover, DMI indicator suggests a future crossroad between the blue line and the orange line so the blue line will go beyond the orange one, that it means the price will increase.
To conclude, we can except a price increasement with a target located on the resistance level, the entry is at the support level and the stop loss is below the support level.