Has held up recently, but looks to have formed a bear flag. Lower bolli opening. Implies equities have more upside in near-term. 36 has acted as resistance the past month
$TVIX $UVXY $SVXY $VXX $VX_F $SPY $SPX $ES_F #Trading #Stocks #Volatility 💥
HEADLINE: Looking for short confirmation on the VIX
SUMMARY: Waiting to see if the current support level for the VIX will fail and our strategy will confirm a short on the 4 hour.
STRATEGY USED: Momentum Mover
Trend Confirmation = Fractal Trend
Entry Signal = Breakaway Scalper
Exit Signal = Breakaway Scalper OR Orderblock Mapping
Now that VIX is in backwardation, it is a good time to bet on it. VIX reached one of its all time peaks a week ago and has been on a cliff dive since.
EXIV tracks EURO STOXX 50® Volatility (VSTOXX®) at a -1 multiple. (www.stoxx.com)
Although it is not directly the VIX, VSTOXX closely mirrors the VIX.
As it is turbulent times, I...
VIXY and VIX derivatives are ready to spike.
RSI, MACD, Fisher Transform, and Filter Dots all show reversal coming in next 5 business days.
There are 4 gaps to fill, indicating a possible 44% positive correction to around $20 for VIXY.
The reversal period is short here. I believe it may last until Christmas.
Going to green curved line (Gaussian Channel midline)...
I have heard this pattern be called a "shoe" or a "bannana".
Downward straight trendline with curved supporting line (more than 3 points of contact).
Pattern repeats in VIXY chart as seen.
Bullish reversal is short 7-10 days.
We are currently in the bottom of the bannana, ready to breakout.
RSI shows wedge pattern as well, indicating breakout in RSI. We are...
... for a .36/contract debit.
Ordinarily, calendars in VIX or VIX derivatives just plain don't work. This is due to a variety of reasons, not the least of which you're just plain paying too much in extrinsic value in the long-dated option.
Additionally, the standard calendar is usually set up on the call side of things in anticipation of call side movement and...
I did this once before last year but I thought it is good once again to repost how I see the market, since inception in the early 1900's to today. From my perspective, we are nearing the completion of a supercycle 5th wave. And as you can see from the chart (which trading view does not go back to the beginning...see a historical chart if you want), supercycle...
This is my best estimate. While we could possibly already be in the C wave down and finishing up on a minor wave 2....I am thinking that the FED may continue to do the same as before and prop the market up into the FOMC meeting on March 15th. This is just a guess. If that is the case then perhaps we can reach near the 2800 level again before starting a 5 wave drop. GL
SO obviously we are in the supercycle 5th wave. Inside that, we are in the 3rd wave. Inside that 3rd wave we have just completed the smaller degree 4th wave (even thought it felt big) and are about to trek up for that smaller degree 5th and complete the larger 3rd wave. The drop for the larger 4th should be huge and impulsive just like this last drop. I was...
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...