VIX Weekly CoilingTo get a big move down in stocks the weekly MACD needs to be above the zero line. It looks to be coiling for a break higher. Have to see if it is confirmed.
VIX trade ideas
VIX 2008 vs 2022 sentimentHistory doesn't repeat, but does indeed rhyme - and same happens with human sentiment. Because VIX is a representation of it - we can see something similar happened along the lines of 2008. We all know a a drop is coming - we don't expect a bounce before though - and it is that bounce which I'm predicting to happen soon - and will turn bearish when it happens.
VIX Triple Top RetestVIX has reached the broke wedge targets and since then couldn't go above it - It formed a clear triple top that broke to the downside aggressively, and now it is retesting that range area - Strong signs it could lose this battle and move down for new local lows as a retest. More info about the situation on other charts ideas of mine.
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!
P.S. Dont forget to like my posts, so it gets pushed up on TV for others to see as well.
Thanks in advance!
Critical support zone at 18.58-20.48.
The attached chart reveals the major support zone where major pullbacks seem to find support since Jan 2022. The recent retreat has tested the same spot and has risen to around 26.62, a crucial point in next week's session to the upside. 31.52 and 34.66 are potential targets if the price holds above 26.62; if it fails, it will likely come down to retest 20.48 and 18.58 support zone.
Volatility MonitorThis is a volatility monitor I use to tell when volatility is peaking in vol compression.
To give yourself alerts from trading view.
Right click on the vol compression horizontal line and select Add Alert on Horizontal Line.
Select preferences and now you will get an alert when vol compression is at its highest compression point and you can maximize your returns on your hedges.
VIX to pull backVolatility idpndex has broken structure to the upside. However I can see a triple top forming. Possible targets 24 and 21.
VIX seems ready to explode higherVIX seems to be in a C wave with potential towards the 43 level, implying more downside for equities here.
VIX in ConsolidationVIX has hit my target and is now consolidating in that area. The index bounced off of a major long term trendline without retesting the broken wedge. Further consolidation could result in a push up until that higher long-term trendline. Market is possibly also awaiting tomorrow's NFP results before moving in any direction. Stay tuned until tomorrow and we will see a prediction for next week.
VIXSpeaking of the fear index, my fear is that the red arrow was the fake out before the breakout at the blue arrow.
$VIX Is In The Zone, Can Take A CorrectionTraders, $VIX Is In The Zone, Can Take A Correction. Watch $DXY too with it. If these 2 fall, we are looking at some relief in indices (Dow Jones, SnP500 and NASDAQ)
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
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-Vik
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📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
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Short Term Bounce A. When the VIX moves 20% (or more in a single trading day) ABOVE its 20 Period Moving Average this often signals a short term bottom in the market.
B. Confluence - We have a gap to fill furthering the probability of this short term bounce in the markets.
Remember we trade price action .
Starter Pack for this week: VIXSo we've reached our goal almost exactly at around 26 - and all of that without retesting the broken wedge. Expecting now that pullback before the crash - this would bullish for stocks and crypto. This week could be pretty green.
VIX 2008 vs now "History does not repeat itself, but it does repeat its lessons."
―Richard von Weizsacker
H&S on the VIX 2.0 If the pattern works, Monday could be quite interesting. If a premarket sell-off occurs, it is also possible to start Monday with a strong gap to the upside.
