📌 Working in public has given us a live example of Volatility expanding in times of a crisis. Here it is usually a swing recap for those following. As you will remember we made good use of the initial tempo in the retreat : The show must go on... in came buyers with the counter attack and no surprises on the timing, covid was simply the trigger. ...
Vix Daily Range for Fri Jul 17th 13:29:19 (UTC) Fri Jul 17, 2020
Vix Daily Range for Jul 16 14:28:15 ( UTC ) Thu Jul 16, 2020
!Vix Daily Bullish Range for Jul 15 13:32:09 (UTC) Wed Jul 15, 2020
VIX Long Entry + Daily Risk Range 13:24:27 (UTC) Fri Jul 10, 2020
Vix Daily Range for: 13:28:56 (UTC) Mon Jul 6, 2020
VIX Daily Range for Jul 2nd _________________________________________________________________________________________________________________________________________ 13:16:20 (UTC) Thu Jul 2, 2020
VIX Daily Range for Jun 30 13:13:28 (UTC) Tue Jun 30, 2020
📍 The main function of the VIX appears to be miles ahead of the relevant flows. In this sense, it itself tends to be mobile. And yet (for it has great vitality!) it is not rare to witness it display considerable activity. Namely: 1️⃣ From the initial ' Swing the Vix into Fed and Q close ' the Vix was prepared . 2️⃣ A certain elasticity, which shows itself in...
VIX Support is at 32.85 (0.5) and 30.95 (0.618)
Ok people, things are about ready to boil over here. Everyone is holding their breath and crossing their fingers that all the economic data dropping first week of June 'won't be as bad as expected' so the market will then rebound. It's all hopes and dreams though. It's gonna be worse, decent chance of MUCH worse. If we get to the end of June, and I have to sell...
Mostly reference purposes here. What an epic setup. Buy Signals: 1. RSI flipping from buy to sell on the 1D and 4H and holding closely to the sell dashed line in the 4H or 30M 2. OBV trend change, up or down in the 1D or 4H overall but here the 1H and 30M will give quicker signals of the trend change 3. 1D VPT as RSI flipping from buy to sell and 4h holding...
My long entry from this morning linked below has now been covered, with stoploss at breakeven for a risk free trade going forward. Upside target remains shown in the chart.
The most important chart in the world right now: VIX futures. That golden line at 31.3 must hold to maintain the bearish scenario alive. Notice what is doing the MACD histogram on the daily TF.
61.8% Fib retracement and Bollinger midline support reached. Either bound or pierce next.