FRED:SP500 S&P is going to test the most important level for this year. If this level gets broken we can look for another retest of previous lows which are not close. This level not holding means a significant decline for both crypto and stock markets as they are already surging downwards and there is already PANIC on the horizon. The fundamental events that will...
good evening folks, es appears to be in what looks to me like a falling wedge. i've come up with two trajectories for it this week. 👇 1. the bull (portrayed in green). -if the low from may can succesfully hold, without being violated - there is a slim chance for us to see a bullish continuation to the upside. potentially up to 4300. -few more levels above...
Whip inflation now~! LoL, nope never gonna happen. Food Prices YOY are up 34.2% and continue to RISE. FED Funds Effective @ .83% So aggressive... yeah, naw... not even close. ___________________________________________ Indies oversold? Hell no. 6 Sigma ahead. Plan for it.
-VXX being limited from Barclays is already high, higher than it normally should be. -Any smart investor should take the great opportunity VXX offers. Not only its deemed to drop in the long term due to SPY's overall statistical tendency to rise, but also at some point Barclays will print them more, and then it will drop even more aggressively. -Print them puts...
The index is out of its weekly range, "reacting" to the ECB monetary policy decision and the CPI. It doesn't matter though, the news doesn't tell us much. The index was looking for a driver and it found one. From yesterday's note ... "But it's worth noting that there have been purchases of VXX in the dark pools over the past few days and increased interest in...
Just a geometric observation about VIX... IF this is going to play out, then we are due for a volatile second half of 2022! Particularly, late August onwards. Anything in the next two months just might be a preview. Hold on to your pants!!!
The index continues to trade in a narrow range. From a previous review ... "Options traders do not look for high index prices and sell calls and buy puts when the price approaches 4,200."... ... "The 4,100 level is a trigger for rising volatility, and in Friday's session, volatility sellers successfully defended this level...". Nothing has changed since then. We...
spy continues to move sideways, vix is crushing all short term plays for both bulls and bears. --- 3x witching coming up soon; lot of people are expecting something big to happen for this witching event, but i think we stay flat till then. few people are making money in this market these days, most are the option writers. --- i think spy could see a little pop...
good afternoon, after further observing price action today, i feel fairly confident that we will see one more leg up to around $4300. this leg will put in a 5th wave in the local impulse. (which for now will be labeled as wave A) --- price action is currently contracting within a triangle \ bull flag up here. sentiment is mixed, but the whole structure fits the...
Refer to my Nasdaq post for a comprehensive deep dive into what this structure is, and how you can decipher it using the simple guidelines (if that's something that interests you). --- to keep things simple; i'm expecting some kind of B wave to play out in the days ahead. it can take the shape of quite a few different patterns. could be a triangle: a...
Greetings All! On the eve of the VIX and SPX futures expiration we can expect a rather calm market. The main open interest and the maximum negative gamma is located at strike 4000, which acts as support for the market. The maximum positive gamma is located at the 4200 strike, which is the main resistance. Options traders do not look for high index prices and sell...
I love this chart, very simple and telling to my eyes
mornin, i've talked about this idea for awhile. it did go a bit deeper than i had originally expected, but it's all good, that's what risk management was created for. --- a wise man once said, you know who loses the most amount money in a bear market? bears. --- you know who makes the most amount of money in a bear market? wolves. --- watching for a move up...
Despite the Russia-Ukraine war, despite inflation being at record highs, the DXY making a new high since 2015-2016, the bond market being in its largest bear market and with equities down 20-30%, the VIX hasn't really spiked yet. So far volatility has been contained and every time the VIX would get overbought at 35 or above, it would slowly get back down. However...
here is another idea, which would imply another move to the downside. may 30th, is the day a new moon appears in the sky - new moons are historically very bearish for the markets. there is a great possibility that spy goes lower using the current bounce as a wave 4. could look for a rejection from either the 0.382,0.50,0.618,0.65 (when pulling a fib from the...
spy, breaking through some key levels this morning. flow looks decent, most peoples are short. a squeeze was bound to happen. --- the question is, will it continue, or is this yet again another dead cat bounce? --- taking a look at how the es1! came down, it was in a perfect 3 wave move 5-3-5, labeled as an a-b-c (potentially the first of three). a...
my buddy @bowtrix got me thinking; -inside buys are are the highest levels they've ever been at since the covid lows. -our proprietary indicator is calling out a weekly buy on the spx for the first time in history. -we haven't been this oversold since 2011. -everyone is bearish, every single person. --- i think the bottom is very close to being in, if it...
Double the Fun. Double the Danger. Double, Double down... 25.60 Gap