50 DMA should easily cross the 200 DMA if Iran will retaliate and it looks like they are set to do so. Can't stand politics, but we have to respect the pillars in order: Macro, Fundamental and finally Technicals,
UVXY the fear and volatility ETF ran up nearly 10% on the past trading day before retracing a bit all due to the quick about-face in the market at about 1PM New York time. It moved from the lows at the opening bell and let up with after hours profit taking. The relative volatility indicator shows the volatility pump and then dump. The dual signal RSI...
The SVXY peaked right into the target of 104 at 103.65 For wave 5 of 3 of 5 we just saw wave 4 low . we did the exact in most every Aspect in svxy and the sp 500 . this lead to the last draw out battle from july 6 to july 27 final peak. 20 days if we align the two time frames we get a TOP 1/ 11/2024 see chart golden ratio spirals they are near...
The chart posted is that of SVXY the SHORT VIX as you can see we have been a rather clear channel at each of the red arrows we had high VIX and they also match up with high put buying each was a LOW .The Green arrows we had Low Vix at each we had high call buying each was TOP or high . But you see the double arrows both green and red they were at every...
SVXY runs inverse to UVXY- it was trending up for weeks but fell off the cliff with the VIXX spike on the fed news of the debt rating downgraded ( like the US posting an earnings miss) a 7% adjustment in almost no time. The analysis now is the red candlestick pattern is that of inside bars, a Doji then a green bar and a red. The zero-lag MACD has had a line...
SVXY is the ETF shorting the VIXX ( and UVXY) which pumped hard this past trading session. It goes up when volatility goes down and vice-vera. VIXX is expected to drop after the trama in the market starting at 1PM when the Treasuries auctions were duds with little transactions occurring and the financial data reported in the late morning. SVXY dropped...
I will reiterate again, as I have in my past posts, notably: Nasdaq NQ - A Fundamental and Technical Warning Signal That if you are bullish on US equities into the future and want to see a healthy economy into '24 and '25, you DO NOT want to see a new all time high to be set yet. Instead, you want a correction. A major correction is just that: a...
UVXY as shown in the 15 minute chart is slightly above the basis line on the Bollinger Bands as shown also on the BB indicator or Luxalgo. Price is slightly below the mean VWAP of the anchored VWAP situated in the fair value area as also confirmed by the volume profile and its POC line confluent with the VWAP bands. Given impending federal data reports...
The VX Complex comes under duress during Wall Streets Summer Fun Run. Buying is an unprofitable game. UVXY / VXX / SVXY is an assured loss. When UVXY was trading over 11, I warned one trader off the Calls prior to the plunge, suggesting it would trade to 9.09 and likely knife right through it. Tis the season for the Crims to run the table - even collaring the...
Per my chart you will notice the green wave about to turn RED. Typical spikes in VIX always followed with crash. I called the bottom of the dip on market few days ago. And now we are seeing the counter trend does line up with VIX.
These fairly new ETPs, such as UVXY, VXX, SVXY, etc. will likely lead to volatility buying in which we've never seen before. People will be using these ETFs to hedge the risk of a larger stock market correction happening, leading to a continuation of the exponential increase in volume that these products have seen since their inception. This exponential increase...
Short SVXY starter position. Short SVXY shares is superior to credit spread IMO. Not quite ready to add to UVXY calls yet.
VIX looks ready to pop with all this uncertainty and potential sell-off. The chart looks to be saying the same thing. VXX or UVXY if you want more leverage. I rode SVXY down, and am now riding UVXY back up. MACD looks ripe
Rejected key trendline for the 4th time $VXX $UVXY $SVXY $VX_F $SPY $SPX $ES_F #Trading #Stocks #Volatility 💥
Good morning, folks, and happy Friday! Welcome to Opex; let's get right into our analysis. It was another shakey overnight session with Asian stocks leading global futures lower after China said it would pass a strict privacy law by Nov 1st, directly affecting tech and ecommerce companies and their collection and use of certain types of data from their customers....
Good morning, folks! Well, well, well, the Fed decides to taper this year, and all of a sudden all hell breaks loose in global markets. If you're thinking this entire "recovery" was just one big magic trick of coordinated monetary debasement, you're absolutely right, and the market's reaction to the Fed minutes yesterday (and today) is a perfect demonstration of...
Vix continues to trend higher. We're sitting at a 17 handle and based on the stochastic we may be about to take another leg higher after the recent pull back from 25. I can't believe risk protection is so cheap right now, it's insane. Yet most market participants don't think they need it. One thing I know for certain is large traders have been accumulating risk...
Good morning, folks! As of 8:45AM on Wednesday morning, US Futures are seeing some light weakness with the Dow down -0.33% to 35,003, the S%P down -0.27% to 4,411, the Nasdaq down -0.10% to 15,046, the the Russell down -0.82% to 2,202.80. The ADP Employment Change came in moments ago at 330k vs the 650k expected, and the weak print has erased some of the overnight...