I have been watching this stock for a long time. I am waiting. When will the pattern go above 60 RSI? Then we can buy it. This stock is the best. When the market starts moving, it will go up.
Dowbt Im only one who is front running reversal unjustified market rally with no earning proof driven by inflation that is diminishing no longer supporting earnings JPM'a theory basically mid this pas year but he was correct but too early to the earnings crash party! Now that Dem's fiscal punch bowl is nearly empty adding 7 trillion to national debt in less than a...
The list of reason to long to fit....mostly Fed not there to bail, political risks, China property crash ("common prosperity initiative"), war in Ukraine, unsustainable fiscal budget deficit plus nominal rates too high (interest expense $1trillion on US debt), 8% 30 year consumer mortgage rate (payment double). many more too many to list
The VIX has been near historical lows for quite some time
But as with all things in life..change is always looming nearby
Not much to say here other than see the related ideas for the catalyst(s) behind this expected increased volatility
Good trading to all!
The index measures the daily performance of a portfolio of long positions in first and second month VIX futures contracts. This theoretical portfolio is rolled each day to maintain a consistent time to maturity of the futures contracts. The index is calculated daily at 4:00 p.m. (Eastern time) and at a value calculated from the average price for the futures...
The index measures the daily performance of a portfolio of long positions in first and second month VIX futures contracts. This theoretical portfolio is rolled each day to maintain a consistent time to maturity of the futures contracts. The index is calculated daily at 4:00 p.m. (Eastern time) and at a value calculated from the average price for the futures...
UVIX is trading in a parallel channel and maintaining support.
If support holds an impulse upwards to resistance and top of channel should follow, around $18.
Good Luck
LETS GOOO. A+ Setup off the bottom for UVIX. This war stuff isn't slowing down, everything is a mess. Only play right now is long volatility in the equities.
The index measures the daily performance of a portfolio of long positions in first and second month VIX futures contracts. This theoretical portfolio is rolled each day to maintain a consistent time to maturity of the futures contracts. The index is calculated daily at 4:00 p.m. (Eastern time) and at a value calculated from the average price for the futures...
