Alright, it's almost October. The U.S. elections are getting closer and things are still wild... simple play -> take advantage of the increase in volatility! Long. USD looks to be reversing... I expect a bit of consolidation but I expect a breakout that will pay well.
I benched VXN and subbed in VXX. We got entry windows on all, plenty of LL's and both SB and LB on all today. Now it's just a matter of seeing how high it'll climb!
Updates since yesterday. Major trend line to be tested today. Bot the S&P and NDX both tested there resistance levels and where rejected this morning. Curious to see which wins out.
The short term future on the S&P 500 volatility index VIX, launched by Barclays Bank, is a further increase expected. The US election is imminent and profit taking and price resetting should therefore come as no surprise. This should increase volatility very soon. Greetings from Hannover, Lower Saxony Stefan Bode
After making what looks like a low it made a big jump overnight.
Got stuck right at the top of the channel. Breaking above this line is bullish and will likely mean we have a spike taking shape.
Looks like the VXX may have found a new bottom. Note the nice asymptotic curve in the RSI and the flatting of the VXX values with small shadows on the candle that are testing support.
Neutral Call, 4-day trading week with a huge expansion of Expected Move from last week's $62. Last Week: $62 EM / 5 Days = $12.5/day --> Next Week: $107.75 EM / 4 Days = $27/day Volatility is like toothpaste; Once it's out of the tube it's hard to put it back in. The market is seeing a ton of risk in the volatility futures 47 days out for some reason....
We scaled the entire 3Y Channel of Profit in a single day (that's actually where they fit, not overfitting this one surprisingly) after hanging around the bottom of the channel for a couple weeks. Anytime we are below this channel, you should be scaling in a volatility position and above this channel you should focus on scaling out your position. For in between...
This seems like as good a place to start as any! I've been calling for a little more upside tomorrow before sliding back down from there and this magenta line I just laid aligns with where I'd expect this thing to stop. If we break this dam, there's gonna be more waterfall. Lets watch this playout and measure along the way B).
VXX hit the target zone called out back in July and has since skyrocketed. Today it ticked my top target and is in the red cloud on the daily. I imagine we see a little pull back here before we press through the cloud and look to go even higher. Volatility is going to sky rocket into the elections. Congrats to all who played this!! And good luck to all who will...
Already up quite a bit - these coming days will be amazing. Gotta take advantage of the volatility in the market. Just today we hit 30%+ on VIX and I have some call options on it up until 2021 so we are chillin'
One of the most important intermarket relationships in crypto is BTC vs the VIX index. This is one of the tools I utilize weekly to try and position myself correctly in the market. So what does this chart tell us? Let's lay it out in 3 easy steps! 1. Well it has been our guide for upside targets as we went long until the gap filled. Once the gap filled, we took...
Was just playin around with VXX and stumbled upon something neat... I don't fully understand what a VXX/UVXY ratio means exactly yet but boy I see many consistent patterns here and one epic divergence that we're in right now! Also always remember to check out DIX: squeezemetrics.com It hasn't been this limp since early 2018, when the first Correction of this...
SPY approaching decade long ascending upper trend-line. Whether you are a bull or a bear, you would agree that there will be strong turbulence approaching this line. Good opportunities for a short scalp. Target VXX , UVXY, and VIX calls with expiration date a few months out to hedge your positions.