VIX - Don't loose your euphoria yetThis is my long awaited confluence area - The price has reached weekly 200 ema (fakeout) but I expect it to hold this position and start getting bullish (bearish for stocks).
This is it, we are before the final round. Unless some fundamentals pivot away the sentiment - but we should be headed for new highs on this one.
Secretguy
US100 - Post CPIAs you see - to me we have reached the limit. It is likely we end up the day at resistances and next week start taking profits - But I don't see it going further than this - post-CPI euphoria is calming down and a result of 7.7% isn't yet low.
DXY - quick update after CPICPI results were better than predicted, but the pace at which it gets lower each month is just so small, that I still see nothing bullish. I would even say that this could give the FED more pros to rise rates even higher to get things done quicker than they are doing. 7.7% is still a big figure so I keep my bearish bias - based on SPX and VIX - I don't see DXY going much lower. Treating this as a fakeout for now.
DXY - updateAlthough I feel DXY is moving just as planned with the redline a long time ago - timewise it has been realizing those movements pretty quickly. Therefore I leave the redline as a souvenir, but the purple line is my expectation of what might happen - retest of that ceiling and no more bottoms - just fight to cross that line and go for new highs.
BTC/SPX - nailed!So it's been a long time since no drawing has been modified on this one - and it happened.
Crypto was just acting like it wanted to breakout from stocks, but it quickly came back down - the hard way.
Last time I posted when the breakout happened and commented, that I don't see it happening and it must be a fakeout - and so it was.
Still more downside ahead.
VIX - update !Just a commentary every x days as always - VIX is consolidating in this area creating strong support and allowing stocks to breath a bit before the final blow.
Not expecting big dips here - a retest of bottom curve at best. Then a bounce to the upside. Hold on tight, we are about 1 month away from the worst.
NASDAQ - fractal updateJust an update of the fractal - moving 1:1. I see no reason to be bullish. The FED pivot thing was a performance, not news.
SPX - no blow-off top as some sayAnd it won't happen, they are late to the party as the blow-off top happened in 2021.
Here we see the euphoria backed down - coming back to my initial trajectory - and expecting it to stay that way - consolidating and injecting uncertainty into the market.
My next strong trend is downwards - but it may take weeks until it happens.
TOTAL - blue volatility?!So Total Market Cap is at ceiling with exhausted parameters and volatility has turned blue.
In my indicator, volatility going blue means it has crossed back into an area of "beginning to get volatile". If that happens at highs - it means volatility kicks in to start going down. And that's what I expect.