I know everyone thinks volatility is dead because it largely hasn't moved for the past year, however, I think that could be changing in the near future.
The market has largely felt similar to how it did before the covid drop. People ignoring the risks right in front of them and blindly thinking the market will continue up.
The chart is telling me it might be...
So far the selloff has been pretty orderly the entire year and trying to play volatility hasn't worked. I think that's about to change.
$VXX has been consolidating in these two channels and looks like it's about to explode higher. If we can see $VXX get above $21 or so, I think we're about to see a huge move in $VXX. Similar to what we saw in March 2020.
I've...
Beautfil inverse head and shoulders. Rising RSI and bullish Macd cross. Looking for a big move early next week. Prics targets indicated to the right.
-Im long 1/22 18 calls
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.
