As always, a work in progress. But I like looking at these charts. I've started to add notations on each chart such that my own interpretation is more clear. Again, the concept is to look for signs of rotation to safety. As such, we look at rotation out of small cap (risky) stocks into large cap stocks via IWM/SPY; rotation from growth into dividend (SPY/PFM);...
10 month MA base formed (red), start to tick up. Upward channel is well formed now (until it breaks). This means increasing volatility may be in cards, but does not necessarily mean stock market will dive.
Options are a fantastic tool to create the weekly and/or monthly income that we need to support our lifestyle. Selling options is selling a financial insurance product. As the seller we are also the underwriter of the policy. When selling an option contract only one of two possible outcomes can happen...either you will get assigned the underlying asset at the...
Selling options for income is one of the best conservative ways to increase returns. When I sell an option contract, I am selling a financial insurance product to the market. I am acting as the underwriter of the policy. For this particular market, I am selling the policy with the coverage at a strong support level. Please keep in mind that this market is...
10/20 EMA crossed in January 2015. A similar cross happened in June 2007, a couple of months ahead of 2007 market peak. Also note both 10 and 20 EMA are pointing upward, suggesting VIX may go even higher from here (so buckle up!)
VIX setting up for a monthly northward breakout. This could be the third time this type of move occurs in the last 8 years. Assuming 30 target is hit, expect some more base building before higher levels. However the VIX currently has plenty of cause to get a big run going.
I am looking at the weekly $VIX chart. Now this pattern catching my eyes. This is a weekly bullish pattern and it's holding the twenty moving average. We might see another week or maybe 2 of consolidation before a breakout imo. In this video I am covering my trading levels: youtu.be
New CM_Williams Vix Fix_V3 - Major Update - Filtered Entries - Additional Alerts - And Much More... ***01-05-2015 Major Updates Include: ***ALL Features Available To Turn On/Off On The INPUTS Tab!!! FILTERED ENTRIES -- Plus AGGRESSIVE FILTERED ENTRIES - HIGHLIGHT BARS AND ALERTS *Alerts Enabled for 4 Different Criteria *Ability To Plot Alerts True/False...
The VX experienced a bit of profittaking Friday, but has rebounded somewhat in today's session so far. The uptrend support line connecting the lows from July, August and last week appears to be holding. The daily RSI and Stochastics are now turning up, and should be followed by a daily MACD positive crossover shortly. Weekly RSI and Stochastics are trying to...
Using the scaled VIX Fix here. The proxy might be more useful in calling major bottoms, and the ratio (and it's MA) seems to give some indication at ratio<2 or so.
Just a question '' Are the Markets FINALLY BROKEN?'
DOWI is still in the consolidation phase. With the end of QE3, and despite the low interest rate, there is no appetite for any risk. The market is taking its profit. There is yet nothing to fuel the market. The red trend line is the medium term trend line. MArket will decline until FED's decide to increase its interest rate. Therefore, the next step may very...
VIX right now is between two trend lines and may break out or bounce in between. Which path market chooses will have big impact on trading.
Market is extremely oversold & fear at a 2 year high as indicated by the VIX. The opportune moment o have shorted this wave has past and we could face a potential technical bounce while the S&P 500 holds above 1851 level. Caution adding into existing shorts or establishing a new one here.
As you can see the "First sign of deep shit trouble" indicator is moving into the alarming area. The chart is only marginally changed from the first one (link below). But the VIX now NOT long anymore, and not yet short. Neutral with potential, I would say.