TLT at the daily view. This is a project that my trading team and I are conducting. This is 8 of 9 charts (available on Trading View) that searches for clues for an imminent correction by using both June and September 2020 cases. It's a comprehensive overview that connects the charts volatility , trends, divergences, credit, and currency strength. The bond...
ES at the daily view. This is a project that my trading team and I are conducting. This is 6 of 9 charts (available on Trading View) that searches for clues for an imminent correction by using both June and September 2020 cases. It's a comprehensive overview that connects the charts volatility, trends, divergences, credit, and currency strength. The dotted red...
DXY at the daily view. This is a project that my trading team and I are conducting. This is 5 of 9 charts (available on Trading View) that searches for clues for an imminent correction by using both June and September 2020 cases. It's a comprehensive overview that connects the charts volatility, trends, divergences, credit, and currency strength. In this chart,...
RVX at the daily view. This is a project that my trading team and I are conducting. This is 4 of 9 charts (available on Trading View) that searches for clues for an imminent correction by using both June and September 2020 cases. It's a comprehensive overview that connects the charts volatility, trends, divergences, credit, and currency strength. In this chart,...
VXN at the daily view. This is a project that my trading team and I are conducting. This is 3 of 9 charts (available on Trading View) that searches for clues for an imminent correction by using both June and September 2020 cases. It's a comprehensive overview that connects the charts volatility, trends, divergences, credit, and currency strength. In this chart,...
VVIX at the daily view. This is a project that my trading team and I are conducting. This is 2 of 9 charts (available on Trading View) that searches for clues for an imminent correction by using both June and September 2020 cases. It's a comprehensive overview that connects the charts volatility, trends, divergences, credit, and currency strength. In this chart,...
VIX at the daily view. This is a project that my trading team and I are conducting. This is 1 of 9 charts (available on Trading View) that searches for clues for an imminent correction by using both June and September 2020 cases. In this chart, the VIX had RSI divergences and a bullish divergence between the VIX and VVIX. The VIX was in a downtrend, but the...
VIX at the daily. Whelp, I was wrong. I totally thought that the VIX spike would be September 10th or 17th (+/- 1day). I mentioned that the VIX had a bullish divergence at the RSI, a bullish divergence with the VVIX, an uptrend in the RSI, and multiple higher lows in a row. Those were my clues that the VIX was about to burst soon. I didn't think it would be this...
NQ at the daily view. The solid colored lines came from the Dotcom Bubble's trend lines or channel... whatever you call it. This was why I was amazed how well the lines from 2000 correlated to today. It's mind boggling. NQ was obviously way over extended. However, it's foolish to short the NQ and time a top. The tech sector is infamous to completely ignore P/E...
NQ at the weekly view. Honestly, I was fooling around with the NQ chart from a historical view. I accidentally stumbled upon certain angles from the Dotcom Bubble. It seemed that the Dotcom Bubble operated on a brief channel long ago. However, when I extended the lines to 2020, I've noticed that it coincided to today. I still have to refine the lines. However,...
DXY at the daily view. The DXY tanked recently due to the Japanese Prime Minster resigning due to health related issues. That caused the Japanese Yen to rally and the dollar to sink more. As a result, that event ruined my potential inverse head and shoulders pattern... rats. The DXY seemed to have been saved by the RSI uptrend support at the daily view. I did...
ES at the daily view. The last historical resistance that I had (around 3530ish) held for now. The ES was just 5.5 points away from that zone. The question is not a matter of price action, but a question of time. Can this resistance hold long enough for liquidity levels to lower materially? Can this resistance hold long enough for the NYAD to break its uptrend...
VIX at the daily view. The VIX is kind of like my crazy ex-girlfriend. Why do I say that? The VIX looked like it was calming down for a while. However, the VIX was quietly making lower highs as if it was secretly plotting for the ES' demise. By the time you realize what the VIX was planning, it's too late... just like my crazy ex-girlfriend. In all seriousness,...
VIX at the daily view. Well, I did say that a VIX jump would start around August 26th. Looks like I still got it. Honestly, I was getting a little worried yesterday too. The VVIX was hovering around 101. However, by the end of the day, the VVIX reclaimed its support above 105. The next step for the VVIX is to reclaim 110 or above which is the conventional...
NQ at the daily view. A basic trading no-no is shorting a bubble. Bubbles can last longer and inflate larger than anyone's imagination. Calling a top is just purely gambling. A real trade is a calculated risk. Gambling is just ignoring all risk management and going based off emotion. Half of the battle in trading is risk management. This morning, I read multiple...
NG at the daily view. Natural gas is stuck between two trend lines. They're acting as both support and resistance. Currently, Natty is above all major moving averages which is bullish on its face. That said, this could go in two directions. 1) September usually has a pullback due to cooler weather and less need for A/C. However, the temperatures are just high...
DXY at the daily view. The dollar seems to found support from a long-term support (blue line. However, it's meeting resistance from its former 11-year-old uptrend channel (dashed green line). What I am seeing is a possible inverse head and shoulders pattern starting to form. If that right shoulder forms, then that's a possible bullish pattern. I say possible...
The ES is behaving pretty predictably as stated before. The sequence of events are coming together just fine. 1) ES reaches the old all-time highs. 2) Overly eager and arrogant bears force their vision of a double top pattern followed by their dream of a crash. 3) Bears short with their leftover ammo then place their short stop at the most obvious place (around...