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UVXY

SVXY rises on returning greed or trader confidence LONGSVXY 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 cross under the histogram showing bullish divergence coming into that indicator. Price has come to rest for support on the one standard deviation line below the mean VWAP. From this analysis I will take a long trade targeting the POC line of the volume profile 87.5 as the final target for 66% of the trade after taking 33% off at the mean anchored vwap at 85.85 The stop loss today's pivot low of 82.85. This offers a very favorable risk to reward as trader positive sentiment recovers.
CBOE:SVXYLong
by AwesomeAvani
SVXY a volatility ETF play LONGSVXY 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 to its near term lows as the VIXX too off. SVXY bounced above the long term anchored mean black VWAP line which provides a logical stop loss at 85.65. The relative trend indicator shows the dip and early recovery while the RS indicator shows low and high time frame lines bottoming and reversing with the low blue line above the higher black time frame line. I see this as a long trade setup targeting the pivot highs in the near left of the price trend or about 90.5, A similar trade would be to short UVXY in a trend down.
CBOE:SVXYLong
by AwesomeAvani
UVXY Greed Fear Volatility 20% in 24 hoursUVXY trades inverse to the general market direction in a leveraged manner. An example of this is shown on the current chart 15 minutes time frame of the price action this week. I have added two indicators the buy low sell high composite and price volume trend to support entries and exits which are typically done on lower time frame charts. On the chart, if a long trade was taken when the BLSH indicator went from red to green on Wednesday afternoon and was held for about 22 hours until price peaked coincident with both the BLSH indicator and the PVT both peaking, the trade would have closed with 20% realized profit. Overall, I will watch UVXY as a means to trade any further downturn in the general market.
CBOE:UVXYLong
by AwesomeAvani
UVXY Potential Early Bear Flag Channel Entry at Moving AveragesThe UVXY is currently trading at the 89 Day EMA among other Moving Averages that it's often reversed from; if it reverses from here again and hits the bottom of the Potential Parallel Channel that will confirm the Validity of the Parallel Channel. If it breaks down from this Parallel Channel that will be a Bearflag breakdown that could take it down anywhere betwen the 1.618 to even the 2.618 which should signal a rally in the SPX. For the time being this is a speculative early entry.
CBOE:UVXYShort
by RizeSenpai
UVXY all in potentialIt’s looking like we can trust the bottom side of this falling wedge. This time around It also lines up with the indexes double top so we could see a decent charge upwards. I already own shares, and I’m picking up more on the open today. I’m looking to take profits in a few weeks based on previous bounces/timeframes. Could be something to hold, although I would suggest taking your profits near the 5$ range (top of the wedge) and pick up more when it chops. Could pop higher but I wouldn’t bank on that, don’t be greedy here.
CBOE:UVXYLong
by ImminentDanger
4
UVXY Volatility Index ETFUVXY 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 and news, I expect volatility will rise. UVXY could have positive price action in the range of 10% in tomorrow's trading day which can be day traded or scalped.
CBOE:UVXYLong
by AwesomeAvani
SPY SPX S&P500S&P continues in the overall downtrend. We will continue to see bear market rallies and pull backs before continuing lower. As you can see, it's been lower lows and lower highs. If you listen to mainstream channels like CNBC or Bloomberg, it's always a bottom when stocks move upward but selling continues. I noticed when the mainstream says something the opposite usually happens. The week of June 20th, CNBC said that market selling would continue, which it didn't. CNBC said BestBuy would hit $65, it didn't. They continue to trap retailers, so, be very vigilant. MACD, economic data, and trends are all bearish. We will see recession sooner than "experts" anticipate. Alt Fed continues to slash their Q2 GDP estimates. Q1 already came in at a dismal -1.5%, during a time where unemployment is a historic low of 3.9%. So, with everyone employed that means the money should be flowing through the economy and retail should be good right? Wrong. Personal debt, revolving and non-revolving credit are at record highs, plus we saw a far worse than expected retail report of -0.3% vs 0.2% estimates. If you look at the data, it's not looking great. Earnings will take hits left and right and we have a much bigger chunk to go down.
AMEX:SPYShort
by WorldEconomics
4
Wild S&P Nonsensery Who could have guessed markets would rally in an ocean of bad news: Worse than expected CPI Worse than expected PCE Worse than expected Chicago PMI Joblessness Rising Missed Earnings Q2 GDP Contraction in Recession Collapsing Home and Auto Sales Who knew you could miss earnings, lose millions in revenue and your stock price rallies like Microsoft, Boeing, and Google. BestBuy which is a horrible performer in economic downturn also slashed guidance and their stock price rallied 10%. This market has become an utter joke and its pure manipulation due to QE and Buy Backs. At this point, I'm bullish. The more the bad news, the higher the market goes. Targets for S&P - 4209 - 4293 - 4340 If we break the dotted yellow line, we could see this going up towards the 4300 mark to the MA of 4350ish. If WWIII gets announced, I suspect this will rally to well over 7,000 or higher. There is no danger of a double top either at 4200, that is now a myth. Recession is a myth. Americans are actually FLUSHED with cash and prices aren't high enough and things in the US couldn't be better.
CME_MINI:ES1!Long
by WorldEconomics
2
SPY S&P SPX - Selling SoonHere we are in this bounce in the markets. We are seeing lower highs, lower lows. It is the best time to get into a position now. If you look at the timelines from peak to sell, its about 2-months. We're about overbought, and the economic data coming out is pretty horrible. Retail, autos, housing, buying and consumer sentiment, debt, revolving credit, personal debt... all these point to pain in the short term. Look at the 2/10YR inversion, which is surpassing passed recessions. Even the 3-month is far surpassing the 30YR. Cracks are forming everywhere and we are starting to see defaults and bankruptcies become a reality. Even IF the Fed softens and pivots, it wont make a difference. Statistics are showing that people are barely scraping by. Don't be caught off guard! Look at the data, not the delusional hosts on CNBC which will never admit the truth until we are deep in a crisis. This sell off or "crash" is a bit different than other ones. With most of the economic data worse off than 2008, the markets are not reflecting the economy whatsoever. The markets should be far lower, but, it seems that intervention of some sort is taking place... for how long, its to be seen. I would have liked to see a drop of 30%, rebound of 10%, 40% in wave 2, rebound of 15% but it seems like like markets are declining far slower than logical economists thought.
AMEX:SPYShort
by WorldEconomics
6
Dow Jones - DIA DJIBoy, are these markets something else. Since before 2008, markets correlated relatively close to economic data. Since the introduction of Fed intervention with slashed rates and Quantitative Easing, "markets" were able to "shrug" off even the worst geopolitical and economic events. In fact, it defies all logic. Logically, markets can and should ignore all TA when an economy is hurting significantly. There isn't a bright spot in the economic data. The consumer is badly beaten and barely holding on. Discretionary spending, credit card debt, personal debt, consumer sentiment, and consumer confidence show us that the average American is at their limit for what they can spend and do. A new study showed that 1 in 4 Americans are skipping Thanksgiving Dinner altogether because of the costs. Keep in mind the collapsing retail, collapsing freight by sea, and now the threat of rail strikes in December which is quickly becoming a reality. This of course is one of countless statistics that show the pain of average American. Other statistics show savings rates have plummeted and credit card debt is at record levels as people's pay-checks are no longer covering their expenditures. We've about peaked in this market, looking at a double top from August 2022.. but again, TA doesn't matter as it did before. MACD and RSI have PLENTY of room on the downside. Look at the economic data, even the TA for the short term and position accordingly. This chart can and will most likely reflect majority of stocks from S&P, Nasdaq, QQQ, SPY, IWM or Russell 2000.
AMEX:DIAShort
by WorldEconomics
8
Don't Fall for VIX Volatility Dead Cat Bounce“Happiness was never important. The problem is that we don't know what we really want. What makes us happy is not to get what we want. But to dream about it. Happiness is for opportunists. So I think that the only life of deep satisfaction is a life of eternal struggle, especially struggle with oneself. If you want to remain happy, just remain stupid. Authentic masters are never happy; happiness is a category of slaves.”
TVC:VIXShort
by noam_chom
2