Vix furtues spreads and stocks above 20day lows.. Vix furtues spreads and stocks above 20day lows.. a good point to mark the end of the market drop by spoting divergence between price index and vix spreads or stocks above 20days lows
VXM2017 trade ideas
SPX - FookinGAMMABro'sREAD:
R azor-Focus-Situational-Awareness
E xtrapolate Out the BullShit
A ssess the Environment We are In
D igress toward Adaptable/Flexible Strategies
Don’t get hooked on hopium…Hope is not a plan. Hope is bullshit…“Get Comfortable being Uncomfortable…Shoot-Move-Communicate! TEAMs via Simpleton-Leadership”
VX Volatility Spread...Interesting!Front End vs Back End Spread...wait for the flip??? HEAD SHOTs ONLY
Volatility Coiling to ExplodeHard to ignore this pattern. VIX futures look poised to explode higher in the coming months.
VIX breaking support The VIX has broken a long-term supporting trend line and this might indicate that the much-anticipated correction is going to be an inversion and bullish continuation. If the S&P500 can breakout above the upper resistance trend lines on the weekly chart, it might just fool everyone again.
This would invalidate my prior short sale plan. And breaking this trend line on the VIX should not be overlooked or taken lightly for use trading with real money.
WaitingThere is no catalyst yet for a reversal on the VIX. However, we aren't far away from a long term supply area at the beginning of the year. While I expect more bullish movement, the supply line is where it could get interesting and reverse. We would need to see less demand volume and rejection of highs at this level to consider a change in direction. That said, there is another point of resistance higher, if a pullback does not appear at the marked supply line.
Convergence devolved into flat channel, dragging continuesTrading VIX since the break-out on Oct 4th hasn't been easier.
WHY
8 week channel
perfect BB enveloping
clear VP matching
Action to take
trade on daily chart
have your SL sit aside channel
Looking For A Spike In VolatilityS&P500 VIX Futures have broken to the upside and breached the downward trend line in place since 2-April-2018. I am looking at the iPath VXX to take advantage of a potential upside move. With Gold also looking to break to the upside, this could provide an additional hedge.
