SO I have been hearing a lot about the long awaited (and very past due) market correction that analysts have been anticipating since August. SO lets assume they are correct and that there will be a large market correction in October. What can the charts help predict. Well first of all, a true ICL needs to break the low of the last DCL. Since it appears we have...
If you like this idea leave a like and follow me to get all of my updates :) I would love to talk to you so send me a message! PLEASE NOTE I HAVE REPOSTED THIS AS I HAVE A LOT MORE FOLLOWERS For Full Post Click Here Present fear of future uncertainty is over-stated. What do I mean by this? People's fear of what the future might hold is always exaggerated....
My timing is slightly off but with the recent breakout, it appears that my wave count is on the money. We are in wave 5 of a larger 1 of this bull markets final Wave 5. I hope that did not confuse you. So I do not think this will measure the same as wave 3 which would take it to around 2510 ish. And I am looking for it to be a little bigger than wave 1, which...
MACD on $VIX was dead for some time (red circle) but look! $UVXY $TVIX $XIV $VXX #volatility #swingtrading
I have not posted a SP500 chart for a while so I thought I would show how its going. So far its following along with my prediction. As you can see, if we do reach 2500, then a 10% market correction would bring it down to the bottom of the large channel trend line. I may try TVIX in June. I am pretty sure we are about to finish a very large Wave 1 of our mega...
$XIV In 500 at 73.45 and 500 at 73.68 $VIX $TVIX $UVXY #daytrading
$VXX $UVXY $TVIX $XIV $VIXY $SVXY
SP500 Daily Chart Did you like my title? "The end is near". BUT NOT YET. I'll explain. First on this daily chart I would like to point out that we dropped a little bit over the last couple weeks. The hidden bearish divergence on the RSI below played out. But as you can also see, we have a larger hidden bullish divergence that has formed. Look at the last...
Swing Trading $VIX KISS Keep it Simple MACD Provides Moderate Success $UVXY $TVIX $XIV $VXX
With the markets still making no headway and my belief that we could see a sell off in stocks, the VIX is managing to keep it's head above water right now. With the way the 50 and 200 SMA are acting right now I believe that volatility is about to have a move up in the coming days and weeks. You can also factor in the MACD now trading above the centre line...
Weekly Chart I just thought I would do an update to where I think we are in the broader markets. 1st I thought I would post this weekly chart so you can see my count as to when the "BIG CRASH" might (might take place). I am thinking not until the next presidential election. That's just a guess. Nothing special about it. But I think the Trump policies, once...
The volatility index is always a fun one to look at. My main divergence here is that the MACD indicator has just crossed above the centre line however the VIX has just collapsed. This does not sit well with me and I feel there will be a snap back shortly in which VIX (volatility) will spike up and the stock market will sell off. In order to trade this you can...
I had published an idea while ago and now after I revisited the IHS target I realized I have to correct it. I thin $2400 is a great psychological level as well!
VXX is acting strong today. However, market has animal spirit right now and it pays you if you short Vol than going it long. Short VXX as soon as it hits 20MA! Stop is close above 50MA!