Example of Volatility Futures Dictating the Market, Again
Curious why there's a hold-up?
It's S&P volatility, once again. It is weird though; don't see much "volatility" at all.
What I have seen many times throughout this rally is that VX futures hold back the market from moving, and it is both strange and boring to watch.
Seems Fibonacci exists everywhere, especially in the Vix-ish domain. The idea that the cross between laughably random EMAs may seem like a joke, but it is not.
TradingView does not have hourly calculations, but this is close enough. Investing.com has precise measures, so you can watch the world's most boring show there if you are uncertain about where the market is heading.
Just going to wait for the crossover before celebrating because I have seen this story drag on unnecessarily long too many times.
VIX
SPX
It's S&P volatility, once again. It is weird though; don't see much "volatility" at all.
What I have seen many times throughout this rally is that VX futures hold back the market from moving, and it is both strange and boring to watch.
Seems Fibonacci exists everywhere, especially in the Vix-ish domain. The idea that the cross between laughably random EMAs may seem like a joke, but it is not.
TradingView does not have hourly calculations, but this is close enough. Investing.com has precise measures, so you can watch the world's most boring show there if you are uncertain about where the market is heading.
Just going to wait for the crossover before celebrating because I have seen this story drag on unnecessarily long too many times.
VIXSPXNote
Here's the live stream:invst.ly/r1vuv
Note
*static imageTrade active
Here is the latest snapshot. We are close to a crossover.Note
invst.ly/r22zdGet ready for magic-impulse-bull super wave that makes "no sense" intraday.
This ain't a fight between bears and bulls. It's just a symptom of a broken volatility index.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.