SVXY pays a price when VIX is high (>16).... even when SPY is increasing (see arrows). This is due to rollover but not to be confused with VXX decay due to contango.
Volatility Bear Dreams VIX Index VXX Channel
Is the VIX Index volatility short XIV bubble about to BURST? - The VIX Index Volatility Short XIV is trending down towards support at 22.64 and 21.28 - Continued chop on the S&P today resulted in loss of value as VIX spiked. - This trend is expected to continue as we appear to be range bound withouth a break up.
I am seeking to use this indicator as an early warning and see that had it been watched in middle of August, it appears to have been signalling the last breakdown. There are a lot of trends that show up within this chart which I don't find on other various indicators.
Red supports still hold but purple support and 10 DMA broke. So it is a mixed bag right now (not totally bearish, not totally bullish).
The rising wedge is about to exhaust so it has to break out or break down. Right now it looks like a inverse head and shoulders, so a breakout can confirm the pattern. But it can also fail.
AAPL and the SPY are always very highly correlated and AAPL has high institutional holdings which tends to make it a leader of the SPY. Around the beginning of August there was a divergence in AAPL vs SPY and this led to the SPY following it downward.I think we are experiencing this again. The trade would be long SPY short AAPL in a relationship to make your...
Key levels $SPY $194 $VIX support $22 $VXX $XIV $UVXY $TVIX $SPX
Still consolidating... and the triangle will exhaust on ..... 9/17..... RSI broke out and retested, and formed a rising channel...
Numerous downside targets in the form of gaps remain unfilled, which would be supportive for a broader market rally. Gap @ 20.72 Gap @ 17.62 Gap @ 16.26
On radar, will give it a little more time to build a sold bottom...
There’s been a 30% spike in volatility over the past two days and the market is now slightly oversold. The price movement in the US is muted but the fear has begun to rise as seen in the VIX and also seen in the emerging markets countries which tend to swing quickly to extremes. A normal pullback will see a bottom within the next few days and then a resumption of...
Left chart: Combine leveraged ETF BIS (bear, bio x3) with XIV (or safer ZIV or SPLV) for a good deal on risk vs return. Right chart: BIS about to overtake EDZ (short emerging markets, x3 ETF). Ratio: 1) currently 1.5 shares of BIS to every 1 share of XIV. This ratio changes over a period of days so must be monitored closely. 2) For less volatile combo's using...
This is not about technical analysis. This is instrument, I´ll use in case market after successful Greek solution (even it is for us market) move up. From start of this trend it reached almost 100% for 5 months. Interesting.
VIX settles down and right back into profiting from contango while UVXY and VXX continue marching to zero.
On Friday May the 15th SPY-VIX closed at a new ATH of 200.06! *pop says the cork* If you believe that VIX/VXX leads SPY, then a new ATH on SPY will be a fact in the week of Monday May the 18th. Congratulations :)