I've been accumulating this in the last few weeks, faithfully waiting for this day. Today's massive volume spike seems to signal the beginning it's ascent. SPX also had a failed breakout this week and inverted hammer on the weekly - very bad news for bulls. That, and other numerous factors (global economy, yield curve, etc. etc.) makes me believe even more...
Retail Sales posted abysmal numbers
National Emergency declared
S&P500 due for a reversal
China U.S relations worst in recent memory with the arrest of Huawei CFO
U.S. industrial production fell in January for the first time in eight months
Something has to give. I'm using some intuition with this trade, just have a good feeling about it, especially considering...
I am a believer that this bear market is not over.
seems unlikely to me that the longest Bull market is followed by the shortest Bear market (I stole that).
Since the advent of QE and massive Central Bank stimulus programs Volatility has been suppressed significantly.
Technically the VIX volatility index at ~$18 is a buy in my books.
Got in last week just below...
Just an idea but the pattern looks like we have just started the larger C wave down. Today was a smaller wave 1 drop and then it appears that we also had the beginning of wave 2 back up. If this is indeed the correct pattern then we will have a lot further to drop. I am looking at possibly dropping down to the 2015 highs. OR Dow 18,500. There is a weekly 200...
these channels on $UVXY have been trending really nicely. shorted some on the break of first channel around 60 and covered last part around 48. bought some December puts last week, which wasn't really smart when i look at the chart now. hoping this will play out in to double top
Above the 40 (November 7, 2018) – Exclamation Points for the End of Oversold Trading Conditions
November 8, 2018 by Dr. Duru
AT40 = 40.5% of stocks are trading above their respective 40-day moving averages (DMAs)
AT200 = 37.4% of stocks are trading above their respective 200DMAs
VIX = 16.4
Short-term Trading Call: bullish
Financial markets made their...
UVXY been consolidating in to pennant pattern or it might also look like a bull flag. if this breaks out to the upside, there's more downside coming for the indices. usually VIX tends to breakdown after these major spikes. lets see if this turns in to another pull back or something more serious