Looking for a breakdown on this rally as there seems to be a lot of resistance ahead but who knows with this market
Hey Guys, Collapsing the after-hours gaps gives another perspective to the natural pattern of the markets. My effort at this is in blue (or dotted) and shows us rising within a quite prominent bearish channel. Also.. remember that island reversal a week or so ago? I feel like a pattern that bold will have more significant long term bearish influence on the...
Fckin unbelievable, this shit should be illegal. 9 days notice... what in the actual fck! Here's the news for those unaware: www.prnewswire.com I've poured countless hours into triangulating my play here over the past month and they just burn it all to the ground by bailing right when they know it's gonna get super juiced. What a consistency and reliability...
My chart on the 1W looking super fresh! Realizing I should have scalped some profits when it went above my $205 line and rebought lower. Also realizing that instead of 1 big panic spike like in March, we may see multiple medium sized spikes as it more gradually waterfalls into August. Def tryin to exit everything early July, hope for a bit of a recover and...
TVIX market has changed and now ranging. We have seen the market testing the top of the range and the readjusted top red resistance line. The former dotted line becomes now a support. This new configuration increase the probability of seeing the market passing above the resistance downtrend line. Where, an entry for a long direction trade will have more chances to...
Took a few days off my TVIX analysis. Only so much you can do on an inverse market. My SPX short ideas are basically all TVIX long ideas too. I'm about even on my TVIX now so sittin great on this play with my -50% stop loss and massive future upside potential B). I did expect I'd be exiting by end of June but I'm content to hold through early July now as well...
I did this for the SPX and wanted to loop back around to TVIX. Just popped in and really crazy the indicator pattern repetition we're seeing. Maybe it's just coincidence but it's something to consider. Based on this model spike would come sometime between early July and mid August and based on everything else I know I think it's likely we get two spikes, a...
Ramp angle is flattening since March, which is a great sign and matches almost exactly to the yellow ramp angle before the spike in March (I copied it over directly). Volume roughly on track to match March spike too. Fed unloaded one of their big news items today: markets.businessinsider.com Yay! More corporate bailout to keep the FOMO pump alive! Barely made...
We officially have a bull flag $SPY $TVIX
With a mix of current events and different backgrounds of shareholders, it'd better not be too optimistic. Always save some bullets for later.
I used to share the view that it's possible for the path to have at least one more VIX jump in the withdraw process from the peak. It's based on 20-year VIX historical experiences and the trend. Here's the article: It happens! 6/5-11/2020 it's jumping from 24 to 45 - a 21-point jump. Some may invest in TVIX to have closed to double the position. I will suggest...
Lets find out if history will repeat itself or how far it will diverge B). Indicators and history signaling this spike has lots of room to run.
My first direct mashup of SPX and TVIX. I created a Relative Value Index to directly compare these two. TVIX low was $109 on June 5th with an RVI of 3... an order of magnitude drop from the TVIX peak. Since then the RVI has doubled to 6 and should continue uptrend into July. RVI peaked at 7 today ((201/3047)*100) but settled at 6 ((169/3041)*100). Currently...
65.82% is one of the largest one-day increases in the TVIX. Huge volume! Friday's volume will hit 30M shares. S&P500 clearly has turned bearish with strong downward momentum. I think this is the beginning of a major drop in the stock market. Volatility will SKYROCKET! TVIX is the play for the next 5-20 days. Today's move up started from a higher base on the...
Assuming this next crash roughly matches the last one, a bet on VIX today at $40 would stand to net you up to $80. A bet on TVIX (which is 2x the velocity/risk of VIX) however at $200 would stand to net you up to $1000. So in VIX a $100 bet now has confirmed potential of turning into $200 for a 100% ROI. On TVIX a $100 bet now has confirmed potential of...
I've been calling this for three weeks now and been holding most my TVIX since May 18th among other inverse plays. Just made some revisions to my OG idea and cleaned up the lines a bit to try to dial in the up spike here. Here's all your entry and exit price targets from May 26th: All that holds the same today. TVIX still much better risk/reward than VIX. We...
As much as the new Robinhooders and my grandma would like the market (stocks) to always go up.... it looks like the smart money is just beginning to load up on tvix... which normally is a leading indicator to steep down moves in the broader market. Today was deep... I expect tomorrow to be a deeper cut still.