Frankly this is all we need to watch, the VIX
has consistently been Bid into Settlement only
to fall back to LT Support.
Will we retest the Highs or come up short and continue
the Institutional SELLs.
ES - 4451.50 is the Support Level for ES / 3493 - 3498 - 3509 - 3512 - 3521
YM - 34527 Pivot / 34994 Objective
NQ - 15388 Pivot for higher and Micro Support
2 full weeks until Expiration / Roll / Settlement
The Price patterns have been clear for months.
VIX is within a Larger Daily Sell.
12.30 remains the Lower Daily Price Objective.
Fridays are difficult for the VIX as BR/VF become
sellers against protect being placed to Hedge Equity
Distribution has been ongoing for weeks. There is a great
Caution warranted on Buy Side as VIX is competing the Lower Boundary
Target ahead of the NYSE open.
The probability for an Intra-Day reversal is building ahead of RTH.
We are buyers of the 18.40 level and below.
YM weakest Instrument at present.
Our Trade Plan is now within parameters for SELL entries.
DELTA DELTA DELTA
There remains a Solid Bid for the VIX.
18.60 has been support for M1, it will
violate it and fill the lower Gap @ 18.15.
The reaction there will be telling.
This should occur no later than Friday's close.
CASH VIX TARGET 15.50
Good Morning - Hope this finds everyone well.
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Bonds out the Curve 10Yr...
Buy J U N K, chase green bars, chase false overthrows...
Patience, Analysis, Temperament, Constitution of
Trade Plan - Probability favors all.
We'll happily take the opposing trade and here it is:
Volatility Crush Reversal
VIX Curve - ON Gap Fills of VIX Cash/Spot & VX Curve
we will have completed inverse ladders on the...
Price remains in a well controlled descent, although Price has completed
a Target for retracement.
Retracements have been minor measure moves, 6 failures at each RT.
CASH / SPOT VIX has a Daily GAP at 14.80, lower Range is 14.20.
The parabolic move off the lows could see 150-200% gains in very short
We patiently wait for fills at targets with No...
As the usual suspects attempt Gamma Squeeze after Gamm Squeeze.
Bubbles the Chimp decides to take some off.
Participants are backing away, $4 Trillion Jimmy Carnie touted on the
"Sidelines" isn't coming into the Equity CONplex.
It prefers CASH.
TLT needs to close those over head Gaps prior to reversing... or does it.
VIX coiling in a falling wedge where Wall...
AS Spot VIX moves into the Gap Fill, the ratios are experiencing an
extraordinary out of balance situation.
This is due to both fear and greed.
Greed in Gamma.
Fear of Reality.
Buckle up, a large decline continues to gain traction while the Riggers
do their best to tip the Boat to one side.
Justa - bout Mission Accomplished.
Near perfect setup in VIX for 200% Gains
A vix.plosion remains in trade, patience will reward holders
to the 30s and then 40s as the coiled spring breaks and gives
way to a large run to the upside.
Cash/Spot VIX coming back into lower range with a 160 tick
We need to see SPOT VIX trade into the 15s for our upside
targets to begin their assault on BULLs.
Blind sided by a bunch.
Tipping the Boat ahead of CT Roll is stock in trade for the VX Complex Options Writers.
Position Rolls across the Markets will have a profound effect this as we begin to square.
CASH/SPOT VIX shows further complacency as Volumes dry up.
RTY and NQ will lead to the downside as "Independent Producers" (SMALL Businesses) will
continue to be croaked as they have...
Can the Riggers push it through 19 on a closing basis during Friday's Session?
For now it is defending 19.
It's been a tepid trade the past few days as we watched 12 days of a tight
range for trading implode.
30 /38 / 45
We favor the 40s during the dirty second drop.
Algos are working the limits of the Falling Wedge.
The VIX-Plosion is dead ahead as resolution is less
than two weeks away.
The lower compression in Range lows will see a dip-in
as often occurs to shake out the weak hands.
Cruse Oil should see follow through in the coming weeks.
We are beginning to...