LupaCapital

VIX S&P 500 buy long term

Long
TVC:VIX   Volatility S&P 500 Index
Hello traders and analysts,

Here is our insight to the VIX which represents the volatility of the S&P500.
Linked below is the idea relating to the S&P500. - S&P we have an island formation

Capitulation - where surrender or give up the recapture of lost gains as a result
of sharp sell offs. This is the zone where investors indicate where price has toppled to.
Gold is still rallying to so pay close attention to Gold buys.

Technicals:
Divergence formed between the VIX sending a great message to the S&P500 that price has now passed beyond UTAD - price can reach this double top by pure greed, we cannot do anything on this other than wait.
From an imbalance method, we have a good double top retest which is showing profit and greed taking.
Price has seen a bounce back to 'normal priced of demand' however this is not really how halted economies can return so fast. it is artificial growth so after the constant printing by the FED their will be a sovereign debt issue amongst multiple nations predominantly G13 members. LEDC countries will suffer just as much but at a wider scale with pressure for providing on a lower budget.
Divergence - we did not use this but looking at the pattern, we have a huge distinguishing gap. Showing disconnect.

Fundamentals:
US election rallies before taking place at the end of the year with campaigning.
We have NFP numbers showing millions return to work.. but also high unemployment 11%, state wide issues with re-opening.
Trade war with China, Hong Kong unfolding with US responding
High figures in multiple states which are concerns for large communities.
Fiscal intervention in July, August for stimulus.. constant printing money is not good for the economy.

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Swing trade out looks
10 years combined experience in capital markets
simple breakdowns for beginners to advanced .
KISS - keep it simple stupid.
we trade purely from naked charts, less indicators - remove the noise.

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Thanks,
Team Lupa
Trade active:
Vix flying! what a great trade today showing highs of 11%, 5%+ as of now.
Comment:
purchased more orders
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