iPath Series B S&P 500 VIX Short-Term Futures ETNArca
Description
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Seriously I do not understand how markets can be so much sure about these polls, and pricing out even the smallest chance that finally Brexit happens. Again, I don't say it happens for sure, but I don't think it is a wise thing to smash volatility down 2 days before the vote!
Daily: - Price back tbelow Kijun. (Tenkan and Kijun stay together) but haDelta and candle shows selling started to lose momentum - Lower key is 14, upper key is 16 and 16,85
4H: - Price dipped back to neutral Kumo, while Tenkan/Kijun and forward Kumo is still bullish. - Heikin-Ashi signals loss of bearish moentum short term. haDelta hit extreme low yesterday. - I suggest small buy here, and more if price moves back above Kijun -> 15,00+ / Stop loss 13,95
Markets are underestimating risk! They may be right, maybe nothing bad will happen, but it is a gambling this way. I rather buy some protection.
Comments
A-shot
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I think it is the other way. Anyone who does not want to risk it, stays out - hence no volatility. People probably are so sure that they are unsure, that they stay out