How to read the VIX properly
This video explains the VIX indicator, how I use it to guide my trading decisions, and my perspective on the market. You can download the TradingView indicator for free, as it is open-source. Additionally, I'll provide a link to my Thinkorswim version in the YouTube video description. The VIX is an excellent tool for market guidance, based on options trading activity 30 days out on the S&P 500. It indicates market fear when it rises due to increased options buying and selling. Thank you for watching! If you have any questions or comments, feel free to share them—I enjoy discussing these topics. No indicator is perfect, but I use this one daily to gauge the market.
1-VIX
Macro View Shows 2-4 Month Max And Then It Starts!Traders,
Some rather ominous signs are showing in various markets not least of which includes the U.S. housing market. As you know, we have been periodically tracking the USHMI as a key leading indicator to show us where and when our coming U.S. (perhaps global) recession begins. We are close if we have not already begun, but I imagine there will be no ability for denial in about 2-4 months time. Before then, markets may continue to blow off and I still expect Bitcoin to hit our 85k target. Today we'll review our USHMI chart along with other key charts for further clues mapping future trajectory.
BITCOIN vs VIX. This is why it will rally!We usually consult the Volatility Index (VIX) when attempting to project movements on stock indices. But as recent price actions reveals, it can work equally well on predicting the trend on Bitcoin (BTCUSD).
Take BTC's Channel Up for example on the 1W time-frame. VIX (black trend-line) has started a consolidation phase (green ellipse) following a strong decline in mid-April to mid-May. Since the November 2022 market bottom, VIX posts this consolidation pattern before it typically rallies.
That is technically not just some rally but the Bullish Leg of this long-term Channel Up formation. As a result, with VIX consolidating, it could only be a matter of time before Bitcoin starts the new rally to new All Time Highs.
What do you think? Feel free to let us know in the comments section below!
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$VIX likely falters some time later this yearTVC:VIX analysis
Weekly the VIX showed a doji last week. This showed a sign of possible of reversal. However, it has sputtered this week.
Daily shows that weakness a bit better.
We got the bump we expected but IMO the VIX EVENTUALLY, later in the year, falters.
SP:SPX looks kind of dazed as well.
CBOE:VXN AMEX:VXX
When Will This Sideways Price Action From February End?Traders,
Since February, Bitcoin has basically been in a sideways accumulation price phase. I have a hunch we are very close to an end of this. But how much longer will traders be forced to be patient? And when this phase does end, will we move up or will we move down? Let's revisit the charts to see if you can find more clues.
$VIX 's strong chart indicates an incoming volatility#vix volatility index chart made double bottom and W bounced. The bullish movement will likely continue even more while the chart made bullish flag in lower time frame.
Also recent days #dxy dollar index chart made a bullish breakout and while VIX and TVC:DXY are both getting stronger, this will not likely be good for #btc #altcoins #stocks etc. I think something is cooking... Better not to be over greedy. Not financial advice.
Stocks Good. Crypto Meh. And I Am Pulling My Stops.Traders,
Market makers continue to torture crypto longs but their time is growing short. The U.S. stock market continues to press higher, led by mega-corp giants like NVidia. It is simply a matter of time before crypto follows. In the meantime though, I am tired of playing this game with MMs. For the first time since creating my public portfolio, I've decided to pull out all of the stops on my long entries. I am going to pop a few cold ones and chill for the weekend. I just don't want to play that game anymore. But please. Don't take any of this as financial advice per usual. You do you. I am only here to entertain you all with my poor choices.
it seems to start a new ascending rollyHi there,
We gave you a buy position on yellow metal last week and it hit the SL but analysis and path prediction was correct.
Anyway we are watching 2 similar paths on XAUUSD that both of them will finish with breaking the highest top price.
1. The 4th wave of 3rd wave of big ascending wave has been finished and we should buy again in support level such as 2300-2305 to above of 2450. It is more probably.
2. The 'a' wave of 4th wave of 3rd wave of big ascending wave has been finished and we will see the breaking lowest price of last week until 2260-2240 and after that price start to growth. Based on Eliot wave measurements, this has more chance.
So what are you doing?
We powerfully suggest you be patient and careful, firstly. if you have buy position please remain it until 2375 or 2290. We could above of 2375 buy again with the triger in m15 timeframe and sell it below of 2290 until 2265, 2252 and 2240 by trailing.
We have 2 suggestions:
1. Buy it on 2302 +-2$ with TP 2380 and 2450 SL 2288
2. Consider to our XAGUSD analysis in trading view, because buying it has more worthy.
Large correction coming soon? $VXX is the play.If you've been following me for a while, you know that I've been warning of a crash for some period of time, and now I think we're within weeks of that playing out.
I've largely been bullish for the past year, with periods where I thought things might fall, but now all of my upside targets for BTC have been hit (minus GETTEX:54K which is still possible) and stocks are looking like they're on their last leg higher. While I'm very bullish over the long-term (into 2027), I think that the rest 2024 will be bearish (which would catch a majority of the market off guard as everyone is expecting a top to be put in by the end of this year). They're not really expecting for the rest of the year to be bearish and for 2025-2027 to be the real bull run. This is my base case.
I've been watching VXX for sometime, and I think we're very close to the levels where we'll see a reaction higher.
I think over the next couple of weeks, some data will come out that sends VXX into a capitulation move lower, down to the $12-13 supports that are on the chart. Those levels will be great levels to buy some calls.
I'll be buying June $20 + $25C as I think those will provide the best risk/reward for this move, if it is to play out.
Let's see if it plays out.
VIX Remains Rangebound ....for nowThe VIX remains rangebound and in very good territory all things considering geopolitically and globally. No one can predict the future with 100% certainty but as long as there isn’t any earth-shattering news, fear will probably remain low, given the exception of U.S. election shenanigans coming up. Be aware here that my prediction is that at the last second (and really when it is far too late) they will pull Biden out of the race. Many will not be expecting this (though, I am astounded at how they will not) and it will cause massive volatility in our markets again before settling down. But we have all summer and into the fall before we begin to see some of this occur.
VIX soars after hitting levels unseen since November 2019After returning to a level unseen since November 2019, the Volatility S&P 500 Index (VIX) soared nearly 30% within a matter of seven days. In the process, it broke above the resistance indicated by the lower bound of the fan pattern that we have been observing since late December 2023. On top of that, yesterday, VIX formed an opening gap, and today another one.
Illustration 1.01
Above is the daily graph of the Volatility S&P 500 Index (VIX). The yellow arrow indicates a breakout through the lower bound of the fan pattern, acting previously as resistance and now as support.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor or any other entity. Therefore, your own due diligence is highly advised before entering a trade.
VIX - Fear indicator shows concern but not panicTrue market capitulation fear events are marked with semi generational fear levels of the charts
Were at a point of a resistance , but could easily slice through this level if we get increasing levels of uncertainty and panic entering the markets
Could we see 30? Possibly
Here's What You Can Expect On Wall Street & In The Crypto SpaceThere are no surprises with the U.S. dollar, vix, gold, precious metals, commodities, and stocks. Everything is right on track. We are nearing our SPY blow-off top target of 570-600, but we have some time to hit that before the U.S. election charades and the future recession. We'll review these things and then focus on what price action will look like in the coming weeks for the crypto space. Plus, I have added an extra video for my members in which I'll review the current altcoin entries we are in. I'll let you know clearly what my sentiment and strategy is for trading these coins, a few of which have 3-4x targets! Quickly, I believe our local low in the altcoin space is in and we are going to pop soon. Some coins will fare much better than others. I want you in those coins. Let's go!
Add long SQQQ May 31st $10.50+ Calls HereI bought long SQQQ $10-$10.50 May 24th to 31st calls this morning, if we hit 5400 i'll add.
The VIX is bouncing as suspected at $12 and the S&P500 wants to dip below and confirm a 5300 fake out which was my bias and the DOW (DJIA) wants to do the same at 40k
bitcoin is faking out above 67500 into an expanded flat pointing to my 63,300-63,500 short term short trajectory
VIX to $17 Soon for another key trend line resistance test!Ensure you hedge your trades and know your maximum loss and profit, especially if you have limited funds to dollar cost average or are trading options.
For informational and educational purposes only, I prefer buying laddered call options on UVIX (1.5x), VXX (1x), and UVXY (2x) at sub-$13 levels over 2-4 weeks that align with my long "risk on" call expirations. This way, I can sell the pops and use the proceeds to add to my most committed "risk on" positions.
Good luck!
@candlestickninjatv
Precious metals have been just that, precious Gold SilverThe US #Dollar is trading in the middle of its range since Late 2022.
It is also holding the recent uptrend well.
TVC:VIX is a tad lower today.
#Gold & #Silver still look good, Daily & Weekly.
Loading up on AMEX:SLV when we stated the inverse head & shoulder was a good move.
(took some off recently but still have large position)
AMEX:CEF AMEX:GLD
VIX back to $20?With economists celebrating the "goldilocks economy" and VIX breaking below the lower bound of the pattern, the big question lingers: "Is this another fakeout before resurgence to $20?"
Illustration 1.01
The yellow arrow indicates a breakout below the lower bound of the pattern we have been observing since its early formation.
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor or any other entity. Therefore, your own due diligence is highly advised before entering a trade.
VIX to BLOW OUT?VIX has been consolidating for over a year now in a wedge and has so far respected the diagonal resistance line extremely well.
Markets have been on full boil non stop and the water is soon to run out IMO.
We haven't had a serious correction for over a year now too and I believe the time is now.
There's two scenarios, my first aim is to reach 21 and from there reassess the markets and potentially aim for 28 following a correction.
✅VIX LONG FROM SUPPORT🚀
✅VIX is about to retest a key structure level of 12.50$
Which implies a high likelihood of a move up
As some market participants will be taking profit from short positions
While others will find this price level to be good for buying
So as usual we will have a chance to ride the wave of a bullish correction
LONG🚀
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