VXH2021 long
we are in C boyz
just a matter of when it completes
gotta feeling this next one might knock sum sox off
GL
Trade ideas
The Great(er) Vix Play (again)Hello :)
It feels good to be back. For those of you who know/remember, I used to be a fairly active member on WSB as ScarvesandSuspenders. I left because i took alot of harassment for my trade ideas (whether they worked or didn't). Took a long hiatus to re-evaluate how i would like to interact with the trading community.
In short, I am back (here)! Not returning to WSB (yet), but feel free to share my ideas if you so please. As always, this is not financial advice and simply my personal view on what i see in the market.
This chart summarizes my current idea on VX futures and essentially the volatility market as a whole. When this will occur is all unknown but i believe at some point in 2021 is a fair assumption. I have begun accumulating my position and will continue to do so into the future.
Wishing you all a lovely day and a brighter 2021 full of possibilities.
Please stay safe and be careful.
Till next time!
S+S
VX Futures Contract Expired GAP UP on TuesdayThe new VIX futures contract (VX) is trading at 25.50 +/- heading for a gap up into the Tuesday open.
VixedThe volatility index otherwise known as the vix is overextended above 30 with the RSI well above it's upper bound.
I've opened a short at 32.05 on the March(H) contract.
Historically, the vix sells off soon after it breaches the upper RSI boundary. Unless a cataclysmic event occurs, I think history will repeat.
VIX Wedge OutlookThe VIX appears to have bottomed and is forming a wedge. It appears to have good RSI strength, with volume increasing. This has the looks like it will break out in late january, early february. This would have some interesting implications for the S&P500 as it tries to hold all time high valuations.
Seatbelt and Tray Tables in Upright Position VIX?Ready for blast off...let's see how high she can fly
Target 30ish for VIX Coming Up Very SoonTargeting just over 30 in VIX for upcoming week or two. Can't make any promises, but it would make sense with the time resistance and the trend line on top. That is, if charts can be trusted :)
We shall see how it all plays out.
VIX Really Forming A Definitive BaseVIX is now really forming a solid definiitive base. I was surprised to not see it climb as much yesterday due to the new events; however, I was reminded these types of reactions to such massive affairs sometimes take days or weeks to fully realize. Plus the institutional funds rolling in have prevented any type of predicted crashes…just delaying the inevitable.
At any rate, VIX is forming higher lows and climbing steady. We might peak today, then cool off once more, and finally, take it into overdrive in 2-4 weeks’ time.
Good luck trading all.
VIX Shall Return, and Return with FuryVIX is likely to peak out this week and retract next. After that, I would anticipate late January to early March to be some of the highest peaks it will see this year. It is not a coincidence this will come after about a year from the initial COVD crash.
Unsure of how high, but I would start getting in on it later next week before inauguration time and/or early February. No matter what, the market will not like uncertainty, whether it is about COVID or a new president, and we will see some true VIX fireworks IMO.
1-7-21 (Peak)
24.1
Just a Tasty Little Snack VIXBoy that was a nice small spike, VIX, thank you for the appetizer. Mostly likely cause seems to be a sell off due to tax gains being taken in 2021 (new tax year).
What's to come for the next course and when?
I would expect another more powerful spike in upcoming months, most likely end of February or March when interest rates begin to rise and COVID effects have begun to be tabulated and realized.
VIX About to Transform into Trending Upward?Appears as though VIX is about to start heading upward instead of down. We seem to be right at the threshold with the lows are getting higher and the highs soon to be getting higher as well. This makes perfect sense with the estimated timeline of financial crumble in February/March.
LONG VIX Jan20'21 Expecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
LONG Jan20 VIX FuturesExpecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
VIX Up We Stay Out
VIX FiFT is green MCDX+ Banker's Volume surge since 19 Oct.
Turtle Traders were advised to stay out when VIX FiFT is GREEN.
Continue to stay out as currently VIX ATOM Buy
36.5 is Resistance level. VIX is expected to continue hoovering around this level for next week waiting for major event to complete.
---- Major Even ----
Nov 2 ISM Manufacturing PMI
Nov 3 Presidential Election
Nov 4 ADP Non-Farm Employment Change
Nov 4 ISM Services PMI
Nov 5 Unemployment Claims
Nov 6 FOMC Statement
Nov 6 Federal Funds Rate
Nov 6 FOMC Press Conference
Nov 6 Average Hourly Earnings m/m
Nov 6 Non-Farm Employment Change
Nov 6 Unemployment Rate
--- S&P ---
All sectors are in -ve FIFT
BIOTECH SEL INDUSTRY, H/CARE EQUIP SEL IND, HOMEBUILDERS SEL IND, RETAIL SEL IND, SEC CYCLICAL/TRANS
, SEC/TECHNOLOGY triggered SLOW TURTLE SELL
--- Malaysia Sectors ---
All sectors triggered Slow Turtle Sell and show -ve FiFT except TRANSPORTATION & LOGISTICS
Technology Sector triggered Sell at Peak signal.
Global Insolvency CrisisPeak Volatility in the near term.
This is not about elections.
This is not about COVID.
We are in the midst of a Global Insolvency Crisis.
Bills are due...
