Here we are tracking the massive breakup in Vol; this is looking dangerous and is right on time with Coronavirus kicking in. This was forecast miles in advance (see charts below) and has followed the mapped flows flawlessly since the previous swing we began tracking earlier last year: The sweep of the lows was a textbook example of clearing the board to open...
Slow & boring-just what the fed ordered (or printed). Our manufacturing data may be in the dumps but we're sure good at manufacturing lies and artificial markets. Volatility coiling up-watch for possible wave to (D) before retracement/sideways movement to (E). I want a solid test of upper trend line-Vix could blow through the roof or coil up for months until after...
A quick update to the Vix chart as we enter into the final important NY session of the year with quadruple witching. For those tracking the previous flows we remain in the same levels with the same targets and the same flows to track: After we cleared TP1 we ran out of steam and decided to trade the retrace back towards Capitulation territory. This was enough...
Weekly view on VIXY/TVIX confirms the trend should be flipping to Bullish by next week. Weekly RSI trend has just broken to the upside. Recently broke out of the shoe/banana pattern. VIXY has followed this pattern for years, so I feel this is strong. Everything is lining up to next week sometime we should see SPY go down and VIXY/TVIX go up. EXITS -At pink...
VIXY/TVIX showing a Buy Signal on the Daily yesterday. Yellow bull flag formation (kind of sloppy but its there). Price currently broke out bullishly. 10WeekMA is reaching out farther by the day to reach price. Rate is currently $1 per day closer to price (which is fast). If we cross 10WeekMA, price should continue higher. Based on current rate, 10WeekMA should...
Current price is at $14 from being at lowest price ever is $13 Highest price 12k any spike upward on this price will be in the $100's even $1,000's
VIXY is forming a Bull Flag as SPX (or SPY) forms a Bear Flag. Price is reaching out to 10WeekMA just like SPX. The inverse relationship continues between these two, which confirms to me that the "hidden trend" is still in play. We are basically consolidating on the way down. Much like oxygen masks come out when a plane goes down to keep people calm, they are...
VIXY just turned bullish on trend for Weekly view yesterday. We have close gaps to fill above to $20. RSI has bullish divergence on Weekly view. Normally goes to 70 before calming down again. Looking at VIXY, SPY, and AAPL together I think the bigger picture is we are headed lower. Market is overbought. All these charts are correlating together in direct or...
Exit Points Top gap fills or pink resistance line around $19. RSI at 75 exit. Last two bullish runs RSI topped around 75 before downtrend. I think we are just getting started here. Bigger money coming in! Unusual Activity 22K ATM Calls on VIXY purchased TODAY. John Najarian uploaded a video. Can't believe I beat this dude to the punch. Charts...
Buy signal triggered on Daily. RSI divergence is bullish. RSI still at 30 ( oversold). Fisher Transform shows trend flipped bullish (need to watch to make sure trend stays bullish). Gaps to fill above price and past 10WeekMA. If price goes above red zigzag, then I believe we fill top gaps to $20. SPY is showing a Sell signal on the Daily. I will update chart...
Note - When dealing with VIXY and other VIX derivatives, keep in mind these are "volatility" plays. This means using risk management, stop losses, and price alerts IS A MUST. VIXY and VIX related derivatives look to have some excellent short-term and long-term potential. This also confirms for me the SPY downturn coming. In the past, VIXY has closed all gaps...
Watching SPY and VIXY recently and the inverse relationship between them. VIXY is at all time lows, RSI bottomed out. SPY is at all time highs, RSI topped out. Perfect time to do a Bullish Put Credit Spread on VIXY - collect the premium. $340 risk, $2500 reward. Then buy SPY put 30 days out. $485 risk, unlimited payout (but realistically $775-$1500) We should see...
VIXY and VIX derivatives are ready to spike. RSI, MACD, Fisher Transform, and Filter Dots all show reversal coming in next 5 business days. There are 4 gaps to fill, indicating a possible 44% positive correction to around $20 for VIXY. The reversal period is short here. I believe it may last until Christmas. Going to green curved line (Gaussian Channel midline)...
Some people wanted another chart for a similar symbol (TVIX vs VIXY). Not everyone can trade same ticker. Not trying to duplicate my last post. So....this is for the hommies LOL RSI getting to all time low - about to turn BULLISH. Same pattern as the VIXY chart - confirmation that we will see VIX increase. Happy Holiday$ :) Bannana pattern ends around...
I have heard this pattern be called a "shoe" or a "bannana". Downward straight trendline with curved supporting line (more than 3 points of contact). Pattern repeats in VIXY chart as seen. Bullish reversal is short 7-10 days. We are currently in the bottom of the bannana, ready to breakout. RSI shows wedge pattern as well, indicating breakout in RSI. We are...
The longer VIXY is held down, the stronger it generally pops. Good hedge against SPY downturn. Use dollar cost average to pick up a few shares every day or every other day. These turn great profits in short time. Options are also cheap. I recommend monthly's here which give you time for either a pop or a slow 7-10 day run up (plus extra time). I am a buyer of...
VIXY, VIXX, TVIX All looking to make the turn higher. Using the VIXY chart (all charts are almost identical except price), we see Bullish EMA Cross incoming. If we close above the 1HR Gaussian Channel, we turn Bullish / Green and continue higher for sure. Updates daily on VIXY until we reach target or pattern breaks down. Thank you for liking, commenting,...
"The VIX projects a test of major resistance in the upper-20’s before year-end," says Addison, who is is the author of THE INSTITUTIONAL VIEW, a research service that specializes in technical analysis. "Once the VIX has a weekly close above 32, then my work would confirm upside projections to 50-55," he continues. He sees additional stock market declines ahead if...