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VXX (VIX ETN) hints yet again of increasing volatilityRushing this out before market opens... The VIX index is rather special (to me) and it is not feasible to use usual technical analysis on that chart IMHO. So, I use the VXX (VIX ETN) for a better idea when volatility spikes might occur. Am observing one just now with an apparent alignment of weekly adn daily factors in the charts. On the weekly chart, noted that there was previously a bullish divergence where the VXX kept going lower whilst the MACD (left lowest bottom panel) crept up. Noted that when we had the MACD crossover, the following week(s) come with volatility spikes. There is an early indication that we might see a MACD crossover this or next week, suggesting that August would be volatile. The candlestick formed last week gapped up, attempted to close the gap, but closed at the high. This is a rather bullish candlestick, and an identified wedge breakout just might happen this week. The daily chart uncannily bears (pun not intended) a similar pattern, but with more details, as the last day of last week closed in a similar looking candlestick, along with a gap up (that attempted to close and reopened), as well as a MACD crossover. These MACD crossovers in 2022 have been marked, last posted about this on 12 Feb 2022, which saw a period of higher volatility. Then formed the identified wedge, and bouncing off the wdge support twice, this time, it suggests that volatility is about to spike, and would probably breakout of the wedge. Taken together, this uncanny alignment forewarns of clear and present volatility for the weeks to follow... Having said that, I suspect that this is might be a short and sharp spike that could end the bearish status for a couple of months until we get into 2023. That's another discussion altogether. Meanwhile, hold on to your pants, be ready for the volatility storms!
CBOE:VXX
by Auguraltrader
1
SPY - How to project fear if it had a number...A special today... I just saw this and thought it was a good opportunity to show how I use Fibonacci and geometric symmetry to help do some projections. Here are the steps for the SPY hourly charts currently... 1. Draw a Fibo retracement from the last high (22/7) to the last low (22/7) 2. Note that the rebound (currently) only got to the 0.5 (50%) Fibo retracement level. So, we expect and extension to the 1.5 (150%) level. 3. Draw an arrow line from the high to the low, duplicate it and shift it across to the last lower high, from the 50% retracement level (white Fibo retracement drawing). This is the rough estimation and extension. 4. In an opposing manner, draw the next Fibo retracement from the low on 14/7 to the high on 22/7. Clearly, this retracement is in the opposing direction, extension to the upside. This is the grey Fibo retracement. 5. Note how the confluence of the 0.618 (61.8% / 62%) level coincides and aligns with the opposing 50% Fib level? This confluence should increase the likelihood and significance of this support/resistance level. 6. Circle the spot. That is where it should happen. Usually it is an early estimate. For more accuracy, you can use Gann fans to help in determining the time lines forward. I find this useful. Ta-da! Now we wait to see what happens over the next two days or so... Have fun and do leave a comment if this is helpful, or just appears nonsense to you. Ask any question if you'd like! First time I am doing something like this... hope you all enjoy it! Cheers!
AMEX:SPYEducation
by Auguraltrader
10
ES1! SPX500USD 2022 JULY 25 Week ES1! SPX500USD 2022 JULY 25 Week Long preference last week was good. 3TF analysis reveals weakness. Short opportunity may be present. Possible Scenarios are considered: 1) Market rotation = trade at boundary of range 3) Behavior change scenario for long on retracement Weekly: Ave vol up bar close off high = weakness Daily: Ave vol down bar close off low + reversal bar = weakness H4: High vol tiny spread up bar = weakness Price reaction levels: Short = Test and Reject | Long = Test and Accept 4071 3950 3742 3642 3600 3540 Remember to like and follow if you find this useful. Have a profitable trading week.
CME_MINI:ES1!
by paradox677
SPX 500 index analytics: Growth potential to 4100 remains. Analyst of the spx 500 index on 07/19/22 Today we are here to talk about the SPX 500 index What's on the market now: The index is trading at 3830. The market has been in a sideways correction for the last 2 weeks, but I think this stabilization will end in the near future. In the last trading session, we saw a small correction of the last growth, which began on July 14th. I believe that the current correction will not be long and the upward movement will continue in the near future. What I'm waiting for: I maintain a positive view of the market and expect it to move towards the level of 4100. At the same time, my trading recommendations remain unchanged. What I recommend: If you want to go short: Short positions are prohibited. If you want to buy: Market buys are possible, but limit your losses. If you are not in the market: If you want to buy, you can buy from the market, but limit your losses. The market is developing a steady upward movement, which I spoke about earlier. However, as we can see, not all market participants support the uptrend. But in the coming days it will be decided. Like and subscribe, thanks! Also remember to contact me in 2 or 3 days for further trading advice. Don't forget to like it, it really motivates me to share my market knowledge. Subscribe to me and you will always be aware of the movement of the SPX 500 index. See you next time! Bye!
SP:SPXLong
by kvatoo_FX
7
ES1! SPX500USD 2022 JULY 11 Week ES1! SPX500USD 2022 JULY 11 Week Last week long from 3742 was good. Market is near channel and recent resistance. Together with 3TF analysis weakness, short opportunity may be present. The below scenario still applies for this week. Possible Scenarios are considered: 1) Market rotation = trade at boundary of range 2) Channel rejection / support trades 3) Behavior change scenario for long on retracement 4) Trend continuation Weekly: Low vol up bar close off high = weakness Daily: Ave vol narrow spread UT bar = weakness H4: UHV bar close off high = weakness Price reaction levels: Short = Test and Reject | Long = Test and Accept 4071 3950 3742 3642 3600 3540 Remember to like and follow if you find this useful. Have a profitable trading week.
CME_MINI:ES1!
by paradox677
1
The growth of the index to 4050 is inevitable. Analyst of the spx 500 index on 07/07/22 Today we are here to talk about the SPX 500 index What's on the market now: The index is trading at 3873. In the last trading session, we saw the expected increase in the index that I mentioned earlier, here is a link to the idea. In today's trading session, I expect a move up to the level of 39 20. The struggle that has been going on in the market for the last week has been resolved and now the market is ready for an impulse movement. Today we are waiting: I expect the market to move towards the level of 3920. What I recommend: If you want to go short: Short positions are prohibited. If you want to buy: Buying on the market is possible, limit your losses. If you are not in the market: If you want to buy, you can buy from the market, but limit your losses. The market is developing a steady upward movement, which I spoke about earlier, and I hope you had time to participate in it. Like and subscribe, thanks! Also remember to contact me in 2 or 3 days for further trading advice. Don't forget to like it, it really motivates me to share my market knowledge. Subscribe to me and you will always be aware of the movement of the SPX 500 index. See you next time! Bye!
SP:SPXLong
by kvatoo_FX
4
SXP500 Index: The day when the markets are ready to move. Analyst of the spx 500 index on 04/07/22, today we are here to talk about the SPX 500 index What's on the market now: The index is trading at 3825. In the last trading session, the market began to move up, but in essence the market has stabilized. Now market participants need to choose a general trend in the direction of which the new trend will develop. Currently, the market is at a point of equilibrium and is clearly waiting for new trading ideas. I expect the market to move to the level of 4000 and above. Today we are waiting: In the current trading session, I expect the market to move towards the level of 3900. But if this trend is broken, then a sharp movement of the market to the level of 3650 is possible. What I recommend: If you want to go short: Short positions are prohibited. If you want to buy: You can enter the market, but there remains the possibility of a sharp downward movement of the index. If you are not in the market: If you are out of the market. I recommend that you try to go short around 4125. If you want to buy, you can buy from the market, but limit your losses. It is important to remember that if this new upward trend breaks, we will see a sharp drop in the index to the level of 3550 - 3480. Like and subscribe, thanks! Also remember to contact me in 2 or 3 days for further trading advice. Don't forget to like it, it really motivates me to share my market knowledge. Subscribe to me and you will always be aware of the movement of the SPX 500 index. See you next time! Bye!
SP:SPXLong
by kvatoo_FX
2
ES1! SPX500USD 2022 JULY 04 Week ES1! SPX500USD 2022 JULY 04 Week Last week market found support at 3743. Trade remains guided by channel and reaction to price levels Possible Scenarios are considered: 1) Market rotation = trade at boundary of range 2) Channel rejection / support trades 3) Behavior change scenario for long on retracement 4) Trend continuation Weekly: Ave vol down bar close below middle = weakness Daily: Ave vol up bar close at high = minor strength H4: Ave volume up bar close off high = minor weakness. Price reaction levels: Short = Test and Reject | Long = Test and Accept 4071 3950 3742 3642 3600 3540 Remember to like and follow if you find this useful. Have a profitable trading week.
CME_MINI:ES1!
by paradox677
S&P500 Delayed rebound but not out of woodsLast weekend's review, it was expected that the S&P500 would follow through with a bullish week. Instead, it was quite the opposite, until the late part of Friday that the upticks started. This could have been attributed to the end of the quarter, half year sell-off by portfolio managers, just a possible consideration. This week's price action was clearly not enough to close the week (and month) in positive territory, however, it appears that a possible higher low is being formed. This is the first indication that there is a lower probability for a bear trap. Technical indicators for the weekly have yet to turn, and a couple more weeks might be needed for that. The daily technicals have already started to turn up... perhaps the incoming week would be be clearing up the technical fog. Looking for the higher high. Meanwhile, do look into the monthly chart. The major downtrend is still in force, and there is a large range of movement in the daily ranges. Take care!
CME_MINI:ES1!
by Auguraltrader
2
SXP500 Index: Big game ahead. Are you ready?Today we are here to talk about the SPX 500 index What's on the market now: The index is trading at 3818. In the previous trading session, we saw price stabilization. However, in my opinion, although the correction actually took place from the last local maximum, the correction has not yet reached its local bottom in the region of 3780 - 3750. Today we are waiting: Today, I expect the market to decline to the 3780 - 3750 zone. We may see an increase in the market decline, but if the market can turn around and the correction is broken, then the market will continue to rise to the level of 4050. What I recommend: If you want to go short: It is too early to open short positions now, it is better to open them from the level of 4050, limit your losses. If you want to buy: It is better to refuse to buy the index and stocks now, the index has not yet reached its bottom in the region of 3750 - 3700. If there is a positive mood in the market from the level of 3750 - 3700, then you can buy, limiting your losses. If you are not in the market: If you are out of the market. I recommend that you try to go short around 4050. But if you want to buy, then I recommend that you go long from the 3700 level. Remember to always limit your losses. Like and subscribe, thanks! Also remember to contact me in 2 or 3 days for further trading advice. Don't forget to like it, it really motivates me to share my market knowledge. Subscribe to me and you will always be aware of the movement of the SPX 500 index.
SP:SPXShort
by kvatoo_FX
SXP500 Index: Reversal of the 3750 - will it be?Today we are here to talk about the SPX 500 index Today: The index is trading at 3821 and in the last trading session we saw the development of the correction I talked about earlier. Here is a link to the idea. Today at the beginning of the trading day I expect the stabilization of the movement, and then the subsequent movement of the price to the level of 3735 - 3700. I believe that the market has dropped to the zone 3750 and there will try to turn to 40 00. However, if the market of this level, further market movement in the zone 3550 - 3480 is possible. Today we are waiting for: Today, as yesterday, I expect the market to decline in the zone 3780 - 3750, but if this trend is broken, the market will continue to grow to the level of 4050-4000 What I recommend: If you want to open the short: It is better to open short positions from the level of 4010 - 4050, but limit your losses. If you want to buy: Buying is too risky now. However, if the market is a positive scenario, you can enter the market from the level of 3750 - 3700. If you are not in the market: If you are out of market. I recommend you open short positions from the level of 4010 - 40 50. But if you want to buy, I recommend you to open a long position from the level of 37 00. Like and subscribe, thank you! Also don't forget to contact me in 2 or 3 days for further trading advice. Don't forget to like, it really motivates me to share my knowledge of the market. Subscribe to me and you will always be aware of the movement of the SPX 500 index. See you next time! Bye!
SP:SPXShort
by kvatoo_FX
500 index: Russia's default is a new challenge for the markets.Today we are here to talk about the SPX 500 index Today: The index is trading at 3911 and we saw a sharp rise yesterday. During the last trading session, the market moved into the expected zone at the level of 3850 and consolidated significantly above it. Here is a link to the idea. Today: I expect the development of a correction in the market and price stabilization. However, if this does not happen and there is a positive mood in the market, then the level of 4050 will become the closest zone to a reversal. Today we are waiting: Today, I expect the market to stabilize. Possibly with rap at its opening. What I recommend: If you want to go short: It is better to open short positions from the level of 40 50, but limit your losses. I continue to hold a short position from 3850 and advise everyone to limit your losses. If you want to buy: Buying is now too risky in the market. If you want to buy, it is better to wait for the market bottom around 3550 - 3480 and buy there. If you are not in the market: You can try to go short from the 4050 level or wait until the market bottoms around 3550 - 3480 and then buy. Like and subscribe, thanks! Also remember to contact me in 2 or 3 days for further trading advice. Don't forget to like it, it really motivates me to share my market knowledge See you next time! Bye!
SP:SPXShort
by kvatoo_FX
S&P500 bullish week expectedThe last week saw a reversal of the previous week, with the weekly candle recovering all the previous week's losses and closing decisively above the gap resistance. From a weekly chart perspective, the following week would be bullish. The daily chart similarly shows that the bullishness came from the last day of the week ( instead of mid-week as expected ). Nonetheless, the MACD crossed over bullish. Expecting a bullish follow through for the week ahead and this must break and stay above 4120; ideally to recover above 4300, and meet the 4425 bullish trend change resistance. Would be wary and watch these resistance levels...
CME_MINI:ES1!Long
by Auguraltrader
2
ES1! SPX500USD 2022 JUNE 27 Week ES1! SPX500USD 2022 JUNE 27 Week Last week Scenario1 3642 + Historical Demand returned to support market. Volume analysis expressed caution as price advanced on low volume, which may be a long trap. Wait for price reaction to the possible test levels and channel resistance Possible Scenarios are considered: 1) Test of 4071-4204 = wait for price reaction 2) Channel rejection for possible short 3) Test of 3706/3800 and finds support = long Weekly: Low vol up bar close at high = caution, possible weakness + reversal pattern Daily: Low vol up bar closing at high = Caution, possible weakness H4: High vol narrowing spread up bar = caution, possible weakness Price reaction levels: Short = Test and Reject | Long = Test and Accept 3878 3800 3706 3642 3600 3540 Remember to like and follow if you find this useful. Have a profitable trading week.
CME_MINI:ES1!
by paradox677
SPX 500 index: local peak at 3850 - key turning point: Today we're here to talk about the SPX 500 index Today: The index is trading at 3795 and yesterday we saw the market attempt to move up to the 3850 level. Here is a link to the idea. Today, market participants will continue to push the market to the 38 50 zone. Where I expect the formation of a new local peak. Today we are waiting: Today, like yesterday, we are waiting for an attempt to move to the level of 3830 - 38 50. What I recommend: If you want to go short: It is better to open short positions from the level of 38 35, but limit your losses. If you want to buy: Buying now is too risky. If you want to buy, it is better to wait for the bottom of the market around 3550 - 3480 and buy there. If you are not in the market: You can try to go short from the 3835 level or wait until the market bottoms around 3550 - 3480 and then buy. Like and subscribe, thanks! Also remember to contact me in 2 or 3 days for further trading advice. Don't forget to like it, it really motivates me to share my market knowledge and subscribe to me, and you will always be aware of the movement of the SPX 500 index. See you next time! Bye!
SP:SPXShort
by kvatoo_FX
3
SPX 500 index: On top of the hill - Last attempt to take 3850. Today we're here to talk about the SPX 500 index Today: The index is trading at 3759 and in the last two trading sessions we have seen a move towards my previously anticipated target zone at 3785. Here is a link to the idea. Currently, the market is in the equilibrium zone, where participants must decide where the local peak will be. There is still a possibility of price movement to the level of 3830-3850 on the market, but this isn't necessary. Today we are waiting: Today we are waiting for an attempt to move to the level of 3830 - 3850. There is a probability of such an event on the market, but this probability is not high, and if this attempt is broken, then I expect a sharp movement to 3550 - 3480. What I recommend: If you want to go short: It is better to open short positions from the level of 38 35, but limit your losses. If you want to buy: Buying now is too risky. If you want to buy, it is better to wait for the bottom of the market in the region of 3550 - 3480 and buy there. If you are not in the market: You can try to go short from the 3835 level or wait until the market bottoms around 3550 - 3480 and then buy. Like and subscribe, thanks! Also remember to contact me in 2 or 3 days for further trading advice. Don't forget to like it, it really motivates me to share my market knowledge. See you next time! Bye!
SP:SPXShort
by kvatoo_FX
500 index: On the way down - ready for the bounce: Today we're here to talk about the SPX 500 index Today: The index is trading at 3674 and we saw stabilization in the last trading session. Now the market is in the zone of consolidation with subsequent exit from it to the level of 3550 - 3480. Negative phenomena continue to be observed on the market. Bulk sales are still ahead. Today we are waiting: Today we are waiting for an attempt to move to the level of 37 40 - 37 85. The last trading session was only able to consolidate market participants. But if this attempt is broken, then I expect a sharp move to 35 50 - 34 80 What I recommend: If you want to go short: It is better to open short positions from the level of 37 85, but limit your losses. If you want to buy: Buying now is too risky. If you want to buy, it is better to wait for the bottom of the market around 3550 - 3480 and buy there. If you are not in the market: You can try to go short from the 3785 level or wait until the market bottoms around 3550-3480 and then buy. Like and subscribe, thanks! Also remember to contact me in 2 or 3 days for further trading advice. Don't forget to like it, it really motivates me to share my market knowledge. See you next time! Bye!
SP:SPXShort
by kvatoo_FX
2
SXP 500 index: New pivot point Today we're here to talk about the SPX 500 index Today: The index is trading at 3666 and in the last trading session we saw a sharp drop from the local high that I mentioned earlier, here is a link to the idea. Now is the worst time to buy in the market. The market is still waiting for big sales. Today we are waiting: Today we are waiting for an attempt to move to the level of 37 40 - 37 85. But if this movement is broken, then we will see a further fall of the market to the level of 35 50. What I recommend: If you want to go short: It is better to open short positions from the level of 37 40 - 37 85, but limit your losses. If you want to buy: Shopping now is too risky. If you want to buy it is better to wait for the bottom of the market around 35 25 and buy there. If you are not in the market: You can try to go short from the 37 85 level or wait until the market bottoms around 3550-3500 and then buy. Like and subscribe, thanks! Also remember to contact me in 2 or 3 days for further trading advice. Don't forget to like it, it really motivates me to share my market knowledge. See you next time! Bye!
SP:SPXShort
by kvatoo_FX
SXP500 Index: Now there are few buyers in the market. Today we're here to talk about the SPX 500 index Today: The index is trading at 3735 and in the last trading session we saw a movement to the target zone of 3700. Here is a link to the idea. However I believe the market has not reached its bottom yet. Sales are still possible on the market. Today we are waiting: Today we are waiting for an attempt to move to the level of 3650. Although the market shows signals for a reversal, there are still very few buyers. What I recommend: If you want to go short: It is better to open short positions from the level of 3850, limit your losses. If you want to buy: Long positions are prohibited. If you are not in the market: You can try to go short on the 3850 pullback or wait until the market bottoms around 3650-3630 and then buy. Like and subscribe, thanks! Also remember to contact me in 2 or 3 days for further trading advice. Don't forget to like it, it really motivates me to share my market knowledge. See you next time! Bye!
SP:SPXShort
by kvatoo_FX
SXP 500 index: New Pivot Point for Short Positions Today we're here to talk about the SPX 500 index Today: The index is trading at 3750 and in the last trading session we saw the sharp drop that I mentioned earlier here is the link to the idea. Now the market is undergoing a period of stabilization, but there will still be sales ahead of the market. Today we are waiting: Today we are waiting for an attempt to move to the level of 37 00 - 36 50, but then the time will come for the market to stabilize and rise to the level of 3850 - 3880 What I recommend: If you want to go short: It is better to open short positions from the level of 3850, limit your losses. If you want to buy: Longs is prohibited. If you are not in the market: You can try to open shorts from 38 50 or wait until the market bottoms around 3550-3500 and then buy. Like and subscribe, thanks! Also remember to contact me in 2 or 3 days for further trading advice. Don't forget to like it, it really motivates me to share my market knowledge. See you next time!
SP:SPXShort
by kvatoo_FX
SXP 500 index: Terribly terrible day. The shock is yet to come. Today we're here to talk about the SPX 500 index Today: The index is trading at 3900 and in the last trading session we saw a sharp drop from the local maximum. Here's the link I mentioned earlier. Now is the worst time to buy in the market. The market is in for a huge sale. Today we are waiting: Today we are waiting for an attempt to move to the level of 37 50 - 38 00. What I recommend: If you want to go short: Short positions are better to open on the market, but limit your losses. If you want to buy: Longs is prohibited. Positions must be liquidated. If you are not in the market: You can try to go short or wait until the market bottoms around 3550-3500 and then buy. Like and subscribe, thanks! Also remember to contact me in 2 or 3 days for further trading advice. Don't forget to like it, it really motivates me to share my market knowledge. See you next time! Bye!
SP:SPXShort
by kvatoo_FX
5
ES1! SPX500USD 2022 JUNE 13 Week ES1! SPX500USD 2022 JUNE 13 Week Last week a long awaited breakdown followed after Scenario1 rotation, and market tested lower level at 4031 before heading south. Possible Scenarios are considered: 1) Short on retracement 2) Rotation 3 Test of T1 / T2, Reject and short Weekly: Ave vol, higher than previous bar's EwR bar closing at low = supply remains, also exhibited commitment to lower prices. Daily: Ave vol down bar closing at low = supply remains H4: Ave vol down bar closing off low = some demand present Price reaction levels: Short = Test and Reject | Long = Test and Accept 4874 4800 4740 4631 4584 4525 4433 4368 4303 4204 4071 3943 3902 3855 3720 *3913-4000 (previous high demand area) Remember to like and follow if you find this useful. Have a profitable trading week.
CME_MINI:ES1!
by paradox677