VVIX represents the volatility of the VIX indicator, more precisely its the 30 day expectation of the VIX index which is the expectation of implied volatility in the SPX in 30 days time. Read more on this on CBOE's website. VVIX is mean reverting in nature, as it is as index and non-tradable it represents this mean reversion without market expectation building...
High potential for a short of ~100 pips. - If next daily candle is red the indication of short is correct. - High RSI indicating the potential for a short.
looks good next stop is 50 day moving average then cloud pick our book on amazon pennies to thousands to see our rules for entry and exit
If the recent developments in the markets hold and fear dissipates, I think a play on Hang Seng index would be terrific opportunity. To be sure, I am still expecting a slight pull back to around 18500. This index is peculiar in the sense it has some good correlation with China but is not as violent as CSI index. For someone with high risk appetite, this should...
AUDJPY: Forecast good for JPY. Confluence with H4 bollingerbands has reached top bollinger band. expecting price will bounce to middle bollingerband. H4 price is in sideway.
A nice descending triangle with 7 touch points. My backtesting has shown me that often the oscillations get closer as the triangle gets closer to its apex, and we see here that this behaviour is very strong. The key here will be the open of next weeks trading, where we will see whether it will break above the descending line and ruin the triangle or if the market...
High volume pushing price down. RSI cross still giving short signal. Daily TF is bearish and about to touch bearish middle bollinger bands. entry at SD level and at 61.8% fibonacci level.
Volatility in the broader indices has been on the ebb all week. What does this mean for premium selling? Well, it means that the premium in index ETF's like SPY, IWM, QQQ, and DIA is less rich and therefore not as attractive for selling premium. Ordinarily, when this occurs, I turn my attention somewhat away from broad market index ETF plays or plays in...
EURUSD: Possible Head formation. Preparing to sell at top of right shoulder. Entry is at 61.8% fibonacci level which also confluence with long period Ichimoku base line and long period middle bollinger bands line.
Resistance levels are outlined. High probability spx drops after the last leg in the W is formed as we experienced with the last W clearly visable in the chart.
After some signifigant bearish divirgence, the above chart shows several more signals of trend weakness. Uptrend officially over after a lower high on this TF will have formed.
Falling wedge with 6 hits (currently). Looking for a 7th hit and will be watching closely for a breakout on the 8th. The length of this wedge suggest to me that there could be a strong breakout.
RSI Overbought, B%20 over mid, B%50 over mid. Also confluence with 61.8% fibonacci level
Reasons for -We have broken our 4 Hour trend line to the downside -Therefore we have broken structure and i 100% believe that after the break we are headed down -We are going to get a impulse wave and this is a strong setup - after all the long term trend is bearish ! Yes weve had two small losses but we are going to make it back on this one ;) Also this is...
I have posted a bearish trade on this same pair from a descending triangle (see link), the profit target of which is outlined here as the lower green line. If this wedge breaks out at 7 then the other trade will be closed out and I will have to hope for a win on this trade to make up for that loss. If the market hits the support line before the profit is met...
See notes on chart. Works for those who don't have time to watch volatility intraday. Doesn't require tracking contango / backwardation. *edit: prices based on close price of SVXY on the day of the Kagi transition.