Hi, I'm VIX Man. Let's wait patiently to get more number of shares. Always focus on avg down & increasing the number of shares to get rich.
So yesterday turned out to be the worst start to a year since 2016 for markets. However, this morning's sentiment is quite bullish, as investors panic bid the majors at the open. SPY is back at the 50 period MA on the hourly (370.57), which also happens to be converging with the 21 period EMA (370.30). If 370.57 holds up as resistance, we could see a sharp...
Attention, attention! This is your volatility talking! We request you to take note of this: The next two weeks could be volatile because of the Electoral College in the US. The hard Brexit is also hot. Corona is off the air. The Xth LockDown (then until Easter) will not be relevant until after Christmas. Until then, the following universal recommendation...
Compare the wedge in the price vs the cRSI. Both look like the are indicating a big move.
Happy New Year guys! I hope everyone had a relaxing and enjoyable holiday season. Let's get right into today's analysis: Stocks have gone wild! We're seeing essentially every risk asset on the planet melt up as the dollar continues it's slow, and incredibly painful demise. The money supply continues to rise as investors raid their savings accounts, and banks lend...
Weekly TD9s on SPY+QQQ+DXY+VXX. They aren't super reliable on their own on indices (see QQQ), but with Vol and DXY setting up I would be very careful going into next week...
Every time it has been above this level a strong pop followed in the VXX. Will it retest the band before the pop is what I am watching.
Money Supply up 60%, and stocks up 60%. Coincidence? #FED
The third Friday of March, June, September, and December, is Quad-Witch day. This is when stock index options, stock index futures, individual stock options, and single-stock options, all expire on the same day. On Quad-Witch day, we tend to see a spike in volatility off the back of a roughly 40% increase in volume (on average). We will see roughly 45% of all...
Possible bearish harmonic XABCD pattern showing potential upside to 373 in the interm. 373 is the top of the recent ascending channel formed from the Nov 9th high, and Nov 10th low (in white). The top of the channel also happens to converge with the longer-term ascending trendline from the April lows (in green). Let's see if we finally get that monthly (outside...
In a recent report by Bespoke Investment Group, it was revealed that one of the most profitable trades on Wall Street, since 1993, was to simply buy the S&P close, and sell the open. If you did just that alone, you would have seen a whopping 800% return to date, vs. doing the opposite, which resulted in a shocking 10% loss over the same period. According to Zero...
As Sven Henrich says, Vix 46!
It's Vaccine Day, Yay! Maybe now, Mr. Market, we can see a sell-the-news event? Don't hold your breath, folks. After a strong gap up overnight, the US Majors are being panic-bid here at the open. Vix is crashing down to a 22 handle, erasing all of yesterday's gains. The Put/Call ratio shows the incredible shift in sentiment over the weekend, going from a 50 handle...
My VIX/SPX indicator is really coming alive this week. It has the same look as August 21 and the following spike in September. - We are seeing several days of leveling out (Aug 11-26). - Followed by a green doji candle and a good bullish candle. - Need one more follow through day and as of 8:46am premarket is indicating that we will see another bullish candle...
Boy do I wish that were true. Instead I'm waking up to a freezing cold winter in the North Pole (Canada), and a world on lockdown. It is Friday, though, so I'm in a particularly good mood, and if I must say, watching global markets in the red (for a change), just puts a smile on my face. Yesterday we discussed the potential for further downside, off the back of...
-VXX longer term outlook -Looking for a move to $24-$26.50