-VXX is dropping in the short-term window, this week SPY might have some bullish movement on it. -As we get closer to next month, probably we will see some more blood, so VXX definitely has only 1 week to drop.
This is for going long UVXY or VXX. I am fine-tuning on systematic approach to trading long volatility. I have back tested the rules below with great results! Please comment and share your thoughts. I traded this several times recently and have done well with it. It is fade-it or half-life approach; decaying position or reverse pyramid, since the underlying...
Notice how technical setup precedes any news? VXX pulled back into the trendline resistance yesterday with negative divergence on the 30Min TF. Next couple of days will be important to decide if we go way down or way up. Either is fine by me, but patience is needed to see the picture clearly before going too deep. Plan today: reduce size of the shorts or cut...
The VXX is the VIX ETF and tracking it gives an idea of the VIX from a unique perspective. In the weekly chart, for most of 2021, there was a building MACD bullish divergence. Given the higher low and the rather full bullish candle on Friday, any continuation of this rally aligns price to the indicator. Inadvertently, the would be downside volatility in the...
The SPX & VXX both bounced from the .5 Fibonacci extension and retractement on daily time frames. Monday will be interesting with the Ukraine situations + Emergency FED Meeting results. I can see it going both ways unfortunately but the trend says we find a lower low. My gut tells me a no deal no info meeting through the weekend on Ukraine, and more accommodations...
Simply observe VVIX or Vol of Vol. VXG is being Rolled Early, see Volumes. Anticipate the usual Gamm to Delta Trade into LAter Settlement. _____________________________________ Keep it simple.
The composite leading indicator is produced by the OECD. It is an index of components that pertain to each country and is considered a leading indicator of near-future economic performance. The components for the CLI are: Component Series (Unit) Source Work started for dwellings sa (number) Net new orders - durable goods sa (USD) Share prices: NYSE...
Given the VX Complex has asserted a Positive Weekly Trend for the First time since the Roswell Crash (4/5 LT Structure) - the ST Structure indicates more to come for IT 4/5. ________________________________________________________________ % Contango M1 @ 3.66% M2 @ 1.74% M3 @ 0.78% M4 @ 0.12% M5 @ 1.51% M6 @ -0.38% M7 @ ...
That TRend is Higher into March. How it unfolds, is a matter of interest to everyone with Skin in the Game at the Flamingo. Given VX Crush Friday is here, we see how the day unfolds. ______________________________________________________ It is usually after the EU Session closes the VX COmplex assault begins and accelerates into the Close. Yields will wreck...
After spending all of 2021 in a Weekly Downtrend. The VX COmplex did something worthy of note. It broke the .500% of the Downtrend, it then made a Weekly reversal for the entire Downtrend. ________________________________________________ This implies after the Index Counttertrend completes, Higher Highs are ahead.
3D VWMA (60) has been tested only once since Sept 01, 2020 and it retraced on Dec 02, 2021 (market with arrow) Negative divergence on the price. All suggest months of pain ahead - UNLESS it is rejected and they keep smashing VXX below 26.
We are buyers of the Implied Lower Targets. VXX is our preferred Instrument as it is the 30 Day Constant Maturity. Trade Plan Buys on Inverse Ladder: 18.45 18.01 17.55 17.3 16.58 16.14 15.78 15.42 We'll hold our nose for: 25.24 27.41 28.87 30.05 31.23 32.69 35.06
Retest Lows and fail appears to be in trade into Friday. VX Complex is being taken to the Woodshed again. No reason to Buy, no real reason to Sell. ________________________________________________ Meandering. Wandering. _________________________________________________ Low to Low Draws is becoming a horror show.
Whats The Plan/Trade/Thought I entered the trade because the volatility was high and the premium was good. But because of this I did not do the Mindfulness exercise before entering and broke my rule. This being a Call was a more bullish take on a market that at the moment felt like it was bearish ranging. However I entered because the Strike was 60.34% away...
Here is a pattern that I noticed in UVXY over the last year. The red trendline has been very consistent as a time for UVXY to change directions. If it holds, then the market is moving back into rally mode and we should not expect to see another pull back until mid-January.
After a one tick front tun of our PO @ 17.55, signs are growing positive. The ES remains in Distro - it is mild, but has the potential to expand as NQ BANK / Financials have filled their Gaps. We should VX begin to perk up in January, there remain far Larger VIX targets for VXF to the 15.25s. _______________________________________________ We'll be buying when...
Could not happen to a better gauge of Fear and complacency - the trusty VXN... senseless comes to mind as the NQ began the 1:30 PM EST Jumbalaya in the Fire. Another persistent AGLO Monday with the usual suspects in Prop. As the VXX began to implode again, the Bod came into the Indies. Pressure remains out in Time for today and tomorrow, with the attendant...
Not ready for Prime Time, but then with Lower Objectives below and Daily Lows day after day with lower Yearly Lows... It is beginning to look as if the VFX could trade into the 15s at this rate - currently 19.05. Volatility continues to be beaten with the Ugly Stick. ___________________________________________________________ There has not been a Retacement...