Crude Oil Volatility Analysis 21-25 Nov 2022 We can see that currently the implied volatility for this week is around 5.83%, down from 6.3% last week according to OVX data (OIL Volatility Index ) With this in mind, currently from ATR point of view we are located in the 80th percentile, while according to OVX, we are on 77h percentile. Based on this, we can...
The current volatility is above historical volatility, traders anticipate higher volatility for Price in the Short to Intermediate-Term. Crude Oil WTI Jan '22 (CLF22) 66.26s -0.24 (-0.36%) Crude Oil WTI Feb '22 (CLG22) 66.10s -0.17 (-0.26%) Crude Oil WTI Mar '22 (CLH22) 65.93s -0.10 (-0.15%) Crude Oil WTI Jun '22 (CLM22) 65.26s +0.02 (+0.03%) Crude Oil WTI...
The Gunslingers were lit up again. OVX is just beginning its move Higher. Oil can decline to as low as $35 was the OVX to repeat the Sins of the Past @ 517. Were it merely to double from here to fill the Gap, $57 OIL was our of Target several Months ago... it may finally come to trade barring any major disruption(s). More $ is lost Retail buying the Dips on...
Hello. My name is François Normandeau. This is an ADX-BRIEFING video focused on CBOE:OVX The CBOE Crude Oil Volatility Index (CBOE:OVX) can be used in order to identify important trading opportunities. Here, OVX is on the right side of this post. The indicators we see under the price window of OVX mention when the US Oil market TVC:USOIL enters a period of...
Hello. My name is François Normandeau. This is an ADX-BRIEFING snapshot focused on CBOE:OVX The CBOE Crude Oil Volatility Index (CBOE:OVX) can be used in order to identify important trading opportunities. Here, OVX is on the right side of this post. The indicators we see under the price window of OVX mention when the US Oil market TVC:USOIL enters a...
Possible bearish bat on closing prices $OVX, $CL_F
Volatility is rising and we have confirmed higher lows in the 16.00/17.00 range with spikes higher. It seems we are transitioning into a higher volatility environment, despite currently being in no man's land.
Volatility conditions are intermediate - risks are balanced. Check our Monthly Macro Risk blog post for more information.
Look guys, this is the same Fib retracement that has HELD since the Jan-Feb selloff. Do not take my word for it. Look at my previous predictions, load the new data, and see how much money was made. MPC has had a history of bucking the market. When SPX was down 2%, this was down 7%. When SPX was up 3%, this was up over 8.5%. This is a lower liquidity, higher...
OVX sudah berada disekitar area demand daily, jika mampu break maka cenderung akan berlanjut ke area demand weekly
This is a simple overlay of MPC and OVX. They share an inverse relationship with the most recent cross at the first session of 2016. Since then, OVX has skyrocketed, and MPC tanked eventually finding some support at $29. Previous support is near the high teens, but those are early historical lows. Since the MPC $29 support, there appears to be a technical base...
This is a simple overlay of MPC and INDEX:OVX . The chart is self-explanatory. I'm not saying these two will cross, but so long as they converge, it is a good sign to be long MPC. The stock itself is oversold. It has lost half it's market cap since early Dec. Since free-falling, it has found a nice bottom at $29. Buying MPC in the low $30s and holding until...