Return of Volatility IndexesIt's September 18 2024 10:51pm EST, just another Wednesday. Elections are creeping up and Chinese (HSI) markets are sparking uptrend. Somehow, American volatility indexes are evidently setting up for what appears to be a big return to the upside. Perhaps only a rare few have captured it? Who knows, but the cycles don't lie and neither do the high timeframe supercycles, which imply a reversal is overdue for the volatility indexes, including UVXY (ETF), VXX(ETN), and VIX and their corresponding denominations, just to name a few. In any event, it would be fair to say that after today's close and going forward, these volatility indexes are ready for takeoff. The catalysts are not exactly clear, though. Election alone can't spark them, and if Covid triggered the last significant run, what's next? This, only time will tell, but the 'vola' indexes are nonetheless ready for takeoff.
Inverse
AGIX CUP AND HANDLE: UPCOMING BEARISH MOVE OR ANOTHER ATH HIT?The main headline of the price movement for BINANCE:AGIXUSDT is reaching its all-time high several days ago. Forming an inverse cup and handle pattern (or a head and shoulders), citing a possible bearish move for AGIX. But could it happen or will there be another all-time high for the coin as well as price and trendlines to watch out for in my full technical analysis on this idea thread below. Stay tuned and happy trading :)
For more info related on AGIX: www.ccn.com
BABA forming a head and shoulders patternThis chonk has been talked about alot. Because we are all trying to figure out why the 2nd amazon of the world has been beat down so bad.
So, here we are, with a beautiful and crystal clear line in the sand thick neck line. Break that neck line, confirm the pattern, off to the races. 125 target long term ,then reestablish a view. ||Chart is inverted.
HIGHUSDT wants the breakout?HIGHUSDT recently bounced on the 0.786 Fibonacci level, indicating a potential reversal in the market. Additionally, on the 4-hour timeframe, an inverse head and shoulders pattern is being formed, which is a bullish signal.
An inverse head and shoulders pattern is a technical analysis pattern that typically forms after a downtrend and signals a potential trend reversal to the upside. It consists of three troughs, with the middle trough being the lowest, and the two outer troughs being higher. The middle trough is called the "head," and the outer troughs are called the "shoulders." The pattern is considered complete when the price breaks above the neckline, which is a level of resistance connecting the two outer troughs.
In this case, the market is creating an inverse head and shoulders pattern on the 4-hour timeframe, with the neckline at the 2.76$ area. If the price breaks above this level, it could signal a bullish trend continuation, and traders could look for new long positions.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
DOGEUSDT is testing the 4h resistanceDOGEUSDT is testing its historical 4-hour trendline, which suggests that the price may experience a significant price movement in the near future.
Furthermore, the price action is creating an inverse head and shoulders pattern, a bullish reversal pattern that occurs after a downtrend. This pattern is forming below the supply zone, which is a resistance area that has previously prevented the price from moving higher.
According to Plancton's strategy , we can set a nice order
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Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
–––––
Follow the Shrimp 🦐
SJiM 25 Inverse Jim Cramer DEBUTlong short Jim Cramer
looks like well see how Jim shall game the SHORTS bets against him
Inverse head & shoulder bottom for SPX???Has SP500 really bottomed? This could be inverse head and shoulders chart pattern if I'm seeing it right. :-) There are set ups, market sentiment has improved, FTD day - check, net highs and lows positive, some stock got clobbered during this correction, no one believes this is beginning of new bull market (me neither, but technicals point that we might just have bottomed). What are your thoughts?
short vol coming off near outside upweve gained in the market, shed short volume on vix, shed weight on short vix, and lost slightly in svxy. if you study the long term picture svxy is near breakout. 69.69 and 79.79 roughly are levels to beat before were really in the green to clear $100 as the market rebounds. ive drawn a path that can hopefully outline what the topping out proccess could look like as uvxy heads for 1:10 reverse split. normally we revisit the fib bands when price comes off overbought, but im still bullish while were above mon-wed lows targeting 66.66
uvxy short volume uptickweve slightly gained in vix, and the ftz from top of short leads out to where uvxy should make its low sub $4...
if we examine the capitalcom vs finra we see that contango in vix is still coagulating around a major demand zone low into its decay. i still think split will be bullish for vix, but perhaps we clear the pop in fomc, and the loose steam is actually bullish in the long run i would still expect vix to lose weekly, as well as lose by the end of ftz.
TLMUSDT inverse head and shouldersThe price is testing the neckline of the inverse head and shoulders.
The price created the rounded bottom pattern as well.
How to approach it?
the price needs to create a breakout from the neckline with volume and retest it as new support, so According to Plancton's strategy , we can set a nice order
–––––
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ black structure -> <= 1h structure.
–––––
Follow the Shrimp 🦐
EURUSD & DXY: A BEAUTIFUL INVERSE RELATIONSHIP / FIAT / FIBDESCRIPTION: In the chart above I have included a MACRO analysis & side by side comparison of EURUSD & DXY.
POINTS:
1. DEVIATION of 0.075, found with HIGHEST HIGH & LOWEST LOW & then dividing by 2 to find a MEDIAN & so on for remaining points in between.
2. EURUSD price action is in a current downtrend getting ready to test 1ST TARGET.
3. NOTICE how TARGETS for DXY & EUROUSD coincide.
4. RSI is currently over extended for EUROUSD & has seen its squeeze from previous oversold levels.
*IMPORTANT: When both price actions come to touch they either float in same channel before separating again or completely blow through one another.
SCENARIO: With DXY's current bearish momentum this can be a bullish factor for EURUSD as they have a clear inverse behavior and vice versa.
FULL CHART LINK : www.tradingview.com
FOREXCOM:EURUSD
TVC:DXY
TLT Inverse Head & ShouldersI was too busy singing the Bull Blues yesterday to notice.
Today had flipped upside down to form a 15m Inverse Head & Shoulders on TLT.
Price target is 102.13
I was worried all hope of a bullish start to the new year was lost.
Jan 10 will be the next date to put on on my Calendar.
Vix is going to explodeI’m short by other means, not uvxy, but I don’t think this market is up here much longer lol.
Vix is going through price compression, positive divergences, and an inside bar formed on daily after support from the 200 week ma. The symmetrical triangle pattern is coming to an end, and the market is going to get ripped to shreds. I’ll make a prediction and say in 3 months the vix is over 45
BOIL / GUSH RATIO- Leverage 3X Natural Gas ETFsAMEX:BOIL
BOIL is the #X leveraged ETF for Natural Gas while KOLD is it inverse.
On this 30M chart I setup the ration between BOIL and KOLD.
This is to find precise swing entries without a lot of work for those only trading part time like myself.
At the highs, BOIL has peaked relative to KOLDAccordingly, this is the time to exit BOIL and enter a position
on KOLD. Conversely, when the ratio is at an inflection bottom, a trader should exit KOLD
and enter a BOIL position.
This chart shows several patterns including:
a double or triple top which may breakdown as there is a newer cup and handle potentially breaking
out above the handle in continuation of the prior uptrend. It the present chart, the Bollinger Band basis line
the uptrending of its boundaries and the MACD all favor the probability of an uptrend., the spot markeri
All in all, I am waiting to buy BOIL since natural gas is being liquified and shipped to Europe to
make electric power to supply to air conditioner for the long hot summer. XNGUSD has had dramatic
action in the past couple of months, all good for BOIL's price action.
Three evening stars or three-bar plays marked with red down arrows.
If not in a position at present, the chart should be observed for the cup and handle pattern completion
towards a resumption of the uptrend. IF so, a BOIL position could be entered.
If it fails the triple top controls the price action and
a KOLD position could be entered.
This chart demonstrates the importance of looking for patterns to help guide
higher probability setup.
BTCUSDT Prints Another IH&S PatternHey everyone I want to make this short and sweet because I want you to see this but I do not have time today to put out the companion video with it, but I will either tonight or tomorrow. I wanted you to see how this pattern is almost the same inverse head and shoulders print as before, however the last time, the pattern failed and fell into a choppy consolidation. My local target for BTC is around 23000. I will talk more about this and show you some juicy charts in the video I am making. Thanks again, and I apologize for having to be short. This has been a crazy week of de-risking all across the board.