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VIX should be able to resume the down-trend soon and complete the "greed" cycle, which in turn would translate bullish momentum for Indices and a postpone on the inevitable Market Crash sequence.
If however a break-out would occur, then a proper spike could...
A topped out market showing major bearish divergences on multiple oscillators, volatility is dirt cheap and just using the most very simple basic TA anyone looking at the S and P 500 can say it is extremely overbought and just damn expensive, how much more upside can be possible in this market???? Do not get sucked in for 27 a share the upside is out of control...
VIX is close to popping off like in Dec I think, whenever you get to these supply zones the price likes to take off. With that I think is where we will see SPX and the market drop.
Trading VIX since the break-out on Oct 4th hasn't been easier.
WHY
8 week channel
perfect BB enveloping
clear VP matching
Action to take
trade on daily chart
have your SL sit aside channel
Good Evening Traders,
I hope everybody is doing good.
In this analysis, we will have a look at the SPX. We can see that the SPX is currently in a range of 2555.86 and 2684.14. However, I am expecting a break lower this week. I am expecting a hawkish FED on Wednesday in it' FOMC Statement which can be a catalyst for a move lower.
With that said, I think a break...
I think we'll see the correction in the near future about 15-20%.
Supports / resistances levels:
2700
2580
2400
2180
1950
also the VIX looks ready for impulses to the new peaks.
The U.S. stock market’s main volatility gauge -- the CBOE Volatility Index, better known as the VIX -- is at its lowest level since 2007. That seems strange in light of the geopolitical anxiety surrounding the French elections, the saber rattling with North Korea and the mixed fiscal and economic signals coming from the U.S.
While gallons of ink have been spilled...
HIDDEN Bull dvg in all 3 indicators >> Let's see if that could bring VIX a little bit more to the upside again, after hit a low right under 10.
Level 13 and 15 is interesting.. FIB 1,618 = 14,8
During periods of risk the VIX tends to get inverted- typically during times of stress this has stay inverted for quite some time, 6 weeks after last years shock valuation from China.
When this curve goes back to a normal upwards sloping curve, this is usually a very good sign.
The US equity markets has been pricing in the UK as an 'island', the risk of Brexit...
TVIX has been playing well off of daily S/R outlined in chart, likely pops soon or else 2.75 support could test. My guess is it at least tries for 3.84, and if strong enough, we could extend targets to 4.25 area.
bounce off of 3.00 strong so far
