📍 The theme we have set ourselves here for an expansion in Vol into next week, would usually provide enough material for an entire website, but lack of space compels me to moderate this into a short and snappy post.
I shall only point out the most important notions and events from 2019 and save a deeper examination for later.
The most brilliant post covid act, to be sure the idea of an expansion in volatility is not only linked to the increase in danger from a health rollercoaster which I propagated, based on the models. But VIX's move is surprising and I will not deny the brilliance of the full retrace.
Also interesting is our earlier attempts to break up and make use of the flexible highs which we discovered ahead of US elections. All models are ticking up for the NY session today and looks set to last into next week. Aiming for the full set-up with 42 and 85.
It is also worth noting that 42 is an interesting defence, going on to pressurise Biden with a 'hospital pass' for those familiar with the terminology in Rugby, it is where you are so fixated on catching the ball while it is in the air, that you forget about everything else around you. This early complacency, looks as anti-pseudo-capitalist as possible, but has found a good number of followers and turned out to be an extremely fruitful trade in equities. Major chart updates coming across the board over the coming hours and weekend.
Thanks as usual for keeping the feedback coming 👍 or 👎...
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Nice moves to finish off the week... looks like panic is here from Monday onwards, stay safe and ensure portfolio protection is in place.
Really usefull stuff, thanks. I've got a pig I ride in UVXY, a financial product which longs the VIX. I've been accumulating a little recently, only because my indicators say so but I think it's got further downside. I 've had my greatest trades with UVXY - in Feb/March it went from 10.55 to 135.00 in about 4 weeks - 12X my money (I don't trade options). When it goes nuts, I just use the weekly low as a trailing stop loss. It's a pig I enjoy riding and I look forward to the grunts and squeals.
MRPAPAYA001
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What are you using yo trade VIX over a few days?
Padlomfaan
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I a Big W with an M in the middle and more smaller W with M patterns within. loll
ProfitHarvest
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After so many false crashes, hard to believe it may finally be here for real real but this is the most data I’ve seen lining up behind the bear case since March.
Ridethedollor
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All explained Thank you
Ridethedollor
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great
Ridethedollor
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excellent analysis As Always..
YBearBull
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FDA approval of pfizer vaccine = vix down
FT_Lexicon
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It still doesn't down 20 below. That's the reason, i aware we have to buy stocks carefully on this era. :(