UVXY crosses over mean anchored VWAP LONGUVXY which leverages the VIX as a measure of volatility / greed/ fear has finally crossed
over the mean anchored VWAP. This is a sign of bullish momentum and perhaps a signal that
traders should hedge or consider their positions in terms of hard risk management. Those
who traded this move up today made 10% or better in the trade. Those who bought call options
expiring tomorrow made 10X and those with call options for next Friday made 5X overnight.
Tomorrow is another day. Likely the market will rise from the correction and UXVY will fade
a bit. No matter, its value for insurance and hedging is reinforced on days like the past day.
I am maintaining a full position aside the call options closed at the afternoon bell which
expire on Friday and had time decay to contend with. My first target is 7.75 then comes
8.05 and 8.45. I will take off 20% at each target and keep the others for insurance for
a true market crash or black swan event to buffer losses while stops get hit.
Vixx
UVXY - VIX Futures ETF- rises from a falling wedge breakout LONGUVXY on the 30- minute chart is now in an establish falling wedge breakout. Increasing
volumes lend support for bullish momentum as does the fear that rate cuts may be postponed
the the market's bullrun may stall and correct. This chart is left clean with only trend lines
drawn in recognizing that quite a few traders only have a basic subscription on Tradingview
without the luxury of multiple indicators, alerts and so on. A rise in the VIX may be a signal to
start trimming long positions or hedging with short trades.
UVXY the VIXX following ETF ShortUVXY the fear and volatility ETF ran up nearly 10% on the past trading day before
retracing a bit all due to the quick about-face in the market at about 1PM New York time.
It moved from the lows at the opening bell and let up with after hours profit taking.
The relative volatility indicator shows the volatility pump and then dump.
The dual signal RSI indicator shows the low time frame in blue dropping faster
than the higher time frame in black. I see this as a good setup for a short trade
that could yield half of the run-up over the next two trading days or 5% by
next Tuesday, August 1. The stop loss set at the top wicking at 17.25 while the target
the pivot low from which price began at 15.55. I have contemplated a put option
on this but have not yet reviewed the options chain. Price action down may begin
slow until price crosses under the POC line of the volume profile and then accelerate
as price drops below the high volume area into relative volume voids.
SVXY rises on returning greed or trader confidence LONGSVXY runs inverse to UVXY- it was trending up for weeks but fell off the
cliff with the VIXX spike on the fed news of the debt rating downgraded
( like the US posting an earnings miss) a 7% adjustment in almost no time.
The analysis now is the red candlestick pattern is that of inside bars,
a Doji then a green bar and a red. The zero-lag MACD has had a line cross
under the histogram showing bullish divergence coming into that indicator.
Price has come to rest for support on the one standard deviation line below
the mean VWAP. From this analysis I will take a long trade targeting the
POC line of the volume profile 87.5 as the final target for 66% of the trade
after taking 33% off at the mean anchored vwap at 85.85 The stop loss
today's pivot low of 82.85. This offers a very favorable risk to reward as
trader positive sentiment recovers.
SVXY a volatility ETF play LONGSVXY is the ETF shorting the VIXX ( and UVXY) which pumped hard this past trading
session. It goes up when volatility goes down and vice-vera. VIXX is expected to
drop after the trama in the market starting at 1PM when the Treasuries auctions
were duds with little transactions occurring and the financial data reported in
the late morning. SVXY dropped to its near term lows as the VIXX too off.
SVXY bounced above the long term anchored mean black VWAP line which provides
a logical stop loss at 85.65. The relative trend indicator shows the dip and early
recovery while the RS indicator shows low and high time frame lines bottoming
and reversing with the low blue line above the higher black time frame line.
I see this as a long trade setup targeting the pivot highs in the near left of the
price trend or about 90.5, A similar trade would be to short UVXY in a trend down.
UVXY Greed Fear Volatility 20% in 24 hoursUVXY trades inverse to the general market direction in a leveraged manner. An example
of this is shown on the current chart 15 minutes time frame of the price action this week.
I have added two indicators the buy low sell high composite and price volume trend to
support entries and exits which are typically done on lower time frame charts. On the chart,
if a long trade was taken when the BLSH indicator went from red to green on Wednesday
afternoon and was held for about 22 hours until price peaked coincident with both the BLSH
indicator and the PVT both peaking, the trade would have closed with 20% realized profit.
Overall, I will watch UVXY as a means to trade any further downturn in the general market.
UVXY Volatility Index ETFUVXY as shown in the 15 minute chart is slightly above the basis line on the Bollinger Bands
as shown also on the BB indicator or Luxalgo. Price is slightly below the mean VWAP of the
anchored VWAP situated in the fair value area as also confirmed by the volume profile and
its POC line confluent with the VWAP bands. Given impending federal data reports and news,
I expect volatility will rise. UVXY could have positive price action in the range of 10% in
tomorrow's trading day which can be day traded or scalped.
Long Volatility into AugustBy now you all know the drill. Let's start with an initial framework, assess the current environment, and evaluate all below questions.
are we trending or ranging?
- a series of higher highs, higher lows
- sellers structure is broken, we are tracking whether buyers will protect or find it difficult to hold
discount?
- we are tracking the lows for the previous wave block
- Support 20, Pivot 25, Resistance 38
managing trade?
- Trading and assess based on quarters, 00, 25, 50, 75
- Market participation in form of current strength/weakness, when market is weak we are sellers and when strong we are buyers
This position, technically speaking, is very similar to the swing we traded in 2020. Buyers have developed a structure of higher highs, and higher lows, and desire their chance to go over to a direct attack on the highs.
In this case the result is not certain; but since attacking in this fashion is characteristic of a volatility event. There are two lines, assuming the 20 support holds. In the first case, as well we need to track 25, the combinatory breakout of 25 will allow buyers to continue their summer dance with a romantic hue, unlocking 38 for August.
VIX - The market weakness will lead to higher volatility The market volatility is on the rise, with VIX rising over 30% since 12th August 2022. We continue to be bullish on the index as we forecast more pain for the stock market. Our view is based upon fundamental factors. Because of that, we will pay close attention to the upcoming FED meeting. Accordingly, we maintain a short-term price target for VIX at 30 USD and a medium-term price target at 35 USD.
Illustration 1.01
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
VIX SHORTS ✅✅✅Expecting bearish price action on VIX as price made a huge bullish GAP, in my experience VIX is filling the bearish/bullish GAP's very very quickly in the same day in 80% of the situations. VIX down means STOCK go up, volatility and fear decreases in the markets
What do you think ? Comment below..
VIX BULLISH ✅✅✅✅ Expecting bullish price action on VIX as i think a retracement move is incoming meaning the american indexes should go down. Today price rejected 21.00 price area, i think for the week ahead we will see 25-27 as a possible area where the retracement move will be finished.
What do you think ? Do you agree ?
VIX'S Golden Crosses on 1H & 30Min charts W/ 66% success rate !1 H. G.Cross : Since Covid's low 12 not yet & 6 done
30M G.Cross: since January 2021 14 not yet 7 done
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- 1H chart 66% we still have volatility/headwinds a head of us
- 30Min Chart 66% we still have volatility/headwinds a head of us
In a nutshell: There is a 66% chance
we still have some steam for
volatility/head winds
ridethepig | VIX Exploding 📌 ridethepig | VIX Exploding
Morning all... a short post, but one that is full of dramatic events. The 'discovered naked short' from wsb is a wildfire burning...the cleanest place to see the damage is in vol. This discovered vector in GME clarified the damaged relationship between central banks and market pricing while QE infinity provides a cover a 'risk free' environment. It's very similar to the round trip explosion we traded last year from 12 to 85 and back again.
When you pin shorts (the root of all evil), whether its GME, BB or VIX... it has enormous mobility. The magic of reddit has exposed Melvin Capital, Blackrock (own +/- 10% of GME) et al, while Citadel cheerlead in the background and will of course be fine and make money either way.
Let us take a closer look at the possible moves with the VIX; I find that the 44 pivot which is in the crosshairs can do one of two things;
a) The offer can evaporate rather quickly, even if it was previously nailed by barrier, which will trigger a momentum gambit towards 85.
b) We can attack and our opponent (sellers) without any anxiety step back in to occupy the control since it is their jurisdiction, i.e. one ladder that is controlled by your opponent.
Now consider the latest chart update:
Here a) was very much dependent on the October 2020 highs. Bear in mind how unafraid the buyers which are moving with force are. The wildfires are capable of satisfying a healthy appetite from retailers. with that in mind we are going to see capitulation across some more names.
Thanks as usual for keeping the feedback coming 👍 or 👎
VXX trend lines and channels - Has the fall stopped?VXX has been falling hard the last week. Riding down and jumping around on the trend lines. Currently touch the last major S/R from end of Feb. Is this going to be the end or will it drop a little lower to the bottom of the channel before rallying?