I am bearish equities because I believe this rally has topped, and this VIX chart offers great confirmation to the thesis.
After the crash in March, volatility has settled down towards the bottom and is now reversing its trend. I think ~220 was the bottom, and we are set to continue higher for the coming months. Expecting a major move to the upside to happen soon as the market resumes its declines to retest the lows made a few weeks ago.
Wyckoff, Elliott Wave, and chart trends/patterns. Because you can't Long Vix directly, Long something like VXX or TVIX.
$55 deep and when we break 360 could give it a $415 target for quick profits. Caution this is not an instrument to hold long term intraday gains 7.03 million shares in TVIX so very fast mover. Caution this is my opinion and not an everyday trading instrument please note that looking for quick profits as is low float
Throughout this short term reaction bounce yesterday and today, volatility indexes have stayed relatively strong. VXX had a deep gap down on Tuesday but started to trend higher with the market indexes. Today VXX closed green with market indexes. As the short term trend on the market indexes seems to be terminated, I believe as markets start to retest lows, we...
There have been too many noises in the market recently, and most people have neglected that in a real economic downturn, the volatility will not drop after a spike. During the October-November 2008 financial crisis, VIX went back and forth four times between 70-50. What's more, it is currently at a high point of several generations. Only the Black Monday of 1987...
Just a short idea for today folks. It appears VIX is in a corrective wave 4 down to the low 50s (which we hit today) and it appears it will make its final wave 5 over a period of time. How fast or slow this happens remains to be seen, however, from the voraciousness of buying and selling in the market, it should happen sooner than later. VIX likely bottomed...
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 think EXIV can reach at least the...
Bail Repo Market Bail Euro Market Bail America Free Money for everyone!!!!! None of these methods have done enough to quell investor's fear. And deservedly so. There is no end in sight to this CoronaVirus, unless the summer heat "magically" kills off the virus. Prolonged stretches of forced social distancing and furthermore travel ban will affect the hotel...
So I called out a potential UVXY trade and I missed the one indicator that every trader relies on Resistance However I mentioned that I was wanting to sell premium, and this retraction was actually beneficial to my theta gang strategy on my paper trading account 5pt iron condor at strike 85/90 call strike 45/40 puts strike It gained $50.00 P&L today bringing me...
Until the COVID is slowed the VIX will go up. TVIX will closely match the exponent multiplier of the virus and give a clear channel to trade from.
Looking for a potential short opportunity. I think my count is sound, but there is a chance we could rally once more. If we do rally again though, I'm gonna buy a lot of puts on this thing. We've got decreasing volume into the last uptrend, and divergences building on the RSI. I'm waiting for the white horizontal support line to be broken before I enter into...
Coronavirus related stock composite VS volatility index
looks like the makings of a w on $TVIX if we break the 125 level today
I still do not think we are finished with this internal wave 4. That looks like 5 waves down to me. If you analyze the structure of the recent push up, including using the futures price movement, I really think we are in a B wave up of a running flat. and another thing....it is unusual for price to have stopped just past the .236% retracement. Something...
Fell to support and held. Expecting a spike up very soon. Good luck!
I count five waves, although they aren't the most symmetrical. I can't get a handle on in the pink zone but whatever. Impulsive selling has been taking place. Wouldn't be surprised to see hopeful things in the news and then the virus spreading somewhere else majorly to start taking markets down more... I might wait for that golden (0.65-0.618fib) pocket, and then...