Elliot wave counts on VIX. It calls for VIX (volatility and fear) to soon explode higher in line with my Elliotwave bearish projections on the S&P Futures (SPX500USD and SPX) and higher calls for the US Dollar Index (DXY). See below links for Elliotwave counts just posted on S&P Futures and US Dollar Index. RIsk OFF is about to enter the markets in a major...
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...
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...
Alright guys another successful day! But wait... SPX set new highs!? AHHH time to meltdown and unload everything! Not exactly. New SPX highs should be followed by new VIX lows and ESPECIALLY 2x TVIX lows in a proper bull market. This has yet to retest May 12th low and is sitting halfway between two major supports and just under the diagonal support and within...
I expanded the kill zone a bit here guys, nailing the swing up was always a bit overly optimistic :). 2nd bar today kissed the top horizontal support channel and held above the bottom diagonal support channel. Still right on track. Fundamentals vs the Fed, lets see who wins. The indicators are betting on fundamentals coming out on top.
I guess lets wait for next week and see if I'm right. So far I had expected it to raise a lot higher by now. I think by ramp projection is a week or two early maybe but I still think we've seen the bottom until we cross the red-line at this point. Not much to do but wait. I'm loaded, plenty of room if it spikes to 3200 too. Probably worst case before crash, if...
Walking right into the kill zone. POC should pull the price up along with this news cycle turmoil for the next couple weeks (starting tomorrow guys!). Here's the treasure map:
Checkout that upward support trend from May 12th low. That is particularly interesting given the nature of the TVIX to constantly fall lower. Lookout for ADX crossing the DPO, better the divergence the stronger the trend. Also lookout for RVI crossing and holding just above RSI, could be a leading indicator here of upward movement. Those indicators are really...
Nothing to prove. Just callin it. VPT as RSI rarely bounces back and forth above and below the dashed lines so many times so quickly. Something is definitely brewin!
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...
I usually do not post vix trades... however After some attention was brought to me by traders in my circle.. I have an interesting comparison vix long dated contracts look to be a play uncertainty is in the air... election, virus woes, economic data coming out that is brutal, fed running out of ammo, warren buffet not buying, old large cash sitting out this...
I expect that the TVIX will break the $245 resistance line early June and skyrocket in a similar pattern as March. Maybe not as high but it could be. It will break $400 sometime in the next month. Anything under that resistance is good value. Amazing value now if you have the guts!
Vix Morning Star (Bullish Reversal) 20:20:37 (UTC) Tue May 12, 2020