When we looked at the Volatility Index (VIX) on our November 07 2023 analysis (see chart below) we compared it with the S&P500 index (SPX) :
The S&P500 has reached the top of its Channel Up, while the VIX bottomed and is consolidating on a price action that is very similar to the July 27 2023 Low, which was the former Higher High of the S&P500 Channel...
I've used 3 indicators, namely, MACD, RSI & BB width to show the idea of momentum building up in the background. If VIX spikes that's definitely not a good thing for the markets.
Volatility is a mean reverting animal so its just simple statistics that a big spike is coming.
TIMEFRAME: If vix starts to pop this week, the rally could end 3-4 weeks from now.
Prepare for a volatile 2025 as we witness record highs on the SPX and other "risk-on" indices. The VIX is approaching pre-COVID levels, reminiscent of the period before the unprecedented surge to the 80s on the VIX scale. Inflation is rampant, and the current presidential party aims to curtail bullish market trends and suppress discussions about inflation. Brace...
Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 14/61.80%
Chart time frame : B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress : B
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) Hit the bottom
D) Hit the top
Stocks rise as they rise from support and fall from resistance. Our...
If the VIX breaks down this could open the door for the SPX to move higher.
The VIX shows a similar behavior like in the end of May 2023. If it plays out the same, the VIX could break lower, what means the SPX can go higher.
For the SPX there is no resistance above.
According to the fib levels the next targets could be 5.100 and 5.400
Please give me your...
Hello,Traders!
VIX has retested a
Horizontal support level
Of 12.34$ from where
We are seeing a bullish
Rebound already and
I think that the price
Will go further up
Buy!
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We saw #yield, US #Dollar, & #oil looking decent & trading with some strength. #stocks are a tad weak but so is $VIX.
Want to show this chart again.
CBOE:VIX can trade in the ORANGE support vicinity for 2 years. Every so often it'll have a fast and furious rally.
Seldom does it hit YELLOW support area but when it does, it usually signifies that upcoming spike...
The BBWP Indicator on the VIX weekly chart suggests a looming 'black swan' event, characterized by a sudden spike in market volatility following a period of calm. This pattern, previously seen before major market shifts like the SVB Bank collapse and COVID, signals an impending rise in the VIX. Current data points to a significant volatility increase starting...
Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 14/61.80%
Chart time frame : B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress : B
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) Hit the bottom
D) Hit the top
Stocks rise as they rise from support and fall from resistance. Our...
VIX has a long gun loading time.
But right now, two oscillators on the weekly chart look very bullish at once.
It would be strange if within a month the gun didn't start firing upwards.
Ok, I can't tell you the exact time frame, probably some day in the fall it will happen.
For comparison, I've indicated similar patterns for winter 2020.
But now the oversold...
🔄 Preparing for Market Shifts - Time for Forex 🔄
In 2023 I was very much focused on Crypto and especially Bitcoin. It ended upbeing a Great decision.
Bitcoin remains my favorite asset but as a Trader i need to make the first decision right:
What shall i focus on Trading now?
Well, looking at the VIX a shift in our navigational charts could be prudent.
Changing...
The S&P 500 has dismissed (thus far) a failed Santa Claus rally by climbing to all-time-highs this week. But the VIX's low double digit position, even during the broader market's less-jolly, pullback into 2024, is a much more sure-footed warning historically, rather than a reason for investors to believe this time is different. The good news and not to look a gift...
VIX has bullish RSI divergence on the 1hr timeframe.
20 SMA is switching from a resistance roll to a support roll soon.
50 SMA is acting as resistance line for falling wedge.
100 SMA and 200 SMA will converge and act as heavy resistance and prevent full breakout of wedge.
VIX will fall back inside the wedge to the lower trendline for a little longer.
(I had...
Tracking this text book falling wedge on the VIX, which is about to enter demand. We could see this breakout if SPY decides to breakdown out of the Rising wedge its currently about to break.
