(goofed on initial save of this analysis, only 1 chart - see same analysis with both charts) Both the S&P and VIX have reached significant support / resistance zones. The zone on the VIX can be seen to go back for a while; as well as holding the market more recently (2013 +) We can see that this currently corresponds with a significant market s/r on the S&P. The...
Seems like VIX found a new uptrend channel 3 or more future paths are possible
With the end of FED's QE3, market are gaining more and more volatility. This does not mean that market will crash, but there will be more heavy movement, and the swing frequency will be bigger. FED's QE was inhibiting the market, that is why at the highest level of QE3, VIX was as low as 10... There is also more uncertainties in the market, baring in mind the...
Volatility is increasing and it is good for swing traders. It is also good to see that the market is coming back to a normal stance, where Central banks are less intervening, or that there intervention is not effective anymore, because at the end of the day, for those who believe like me in liberal economy, you should really do let buyers and sellers fixing the...
Seldom i see a perfect "Hanging Man" in VIX at the top of an uptrend. With the indexes oversold, chances are high that VIX will go back to test that 200EMA which is 13.35. Lagging indicator MACD showing that uptrend just started....
On a purely chartist approach, VIX is about the make a double bottom, which is that case would make 17.35 the neck line and after a pull back over 17.35 toward 20+ This has to be confirmed of course. On the other hand, with the tappering the end of FED's QE3, there may much more volatility in the market because traders will be on there own..... Let's wait and see
It is not an Ichimoku chart, and I don't want to add too much comment. With QE out soon, it looks like the good days for free lunch volatility sellers will be soon over. We will see sharper moves in VIX, so in equity prices too (SP500 respectively). My bet is we will likely not see the VIX in the 11-12 super low range, but rather ard the 13,90-14,00 equilibrium....
A good wedge forming if it breaks could see a nice move upside lets wait and watch :)
VIX is turning its trend to a long position. The upside of VIX is not a technical correction but rather an initial sign of a trend on the upside. Generaly when DOWI is UP VIX is down and when VIX is up DOWI is down. whereas when both of them are on the upside, it is a clear sign of a reversal. Therefore one can estimate that DOWI will go on the upside first...
The Stock Exchanges are rather overperforming. The economic datas are not that good, but the market is expecting ECB President Draghi to release fresh money in the market. But there may be a reason to release the money in the market and thus this would only be possible when the market go to a severe correction otherwise, tax payer would not understand the reason...
When trading Indexes, it is always good to have a look on the volatility index and with Ichimoku, it is clear that the upside movement is very near. The indicators such as STOCH or RSI show that we are either at oversold level like STOCH or about to reach it with RSI. The Kumo Cloud shows a clear future turn in the trend. It means that when VIX is up, indexes...
Here is simple way to look at VIX to see that the Average True Range on an 11-day basis correlates nicely with bottoms in the overall stock market as measured by the S&P500. In this chart you can see the ATR of VIX on the bottom and when it gets to 2.00 then it has been a decent barometer for a bottom in place for at least a sideways to higher market for a few...
This August is critical. IF VIX break out + SPY breaks down, the long waited correction may finally happen. Dashed blue lines are long term supports. So watch the thick pink lines.
Finally starting to see some topping signs. Major levels are still in tact though, so getting short here is probably premature, as markets can still easily test highs or even make new highs while these indicators continue to break down.
Just an interesting chart, don't you think? Like, yeh, "everybody knows that". Conditions are different, but rather than suggest an alternate pattern after the pivot point or that because of the difference "this time", things would stay the same or just get better, the relationship factors are so stretched and the conditions that are different are so...