[TVIX] 1D, 4H, 1H and 30M All Lined Up for ReferenceMostly reference purposes here.
What an epic setup.
Buy Signals:
1. RSI flipping from buy to sell on the 1D and 4H and holding closely to the sell dashed line in the 4H or 30M
2. OBV trend change, up or down in the 1D or 4H overall but here the 1H and 30M will give quicker signals of the trend change
3. 1D VPT as RSI flipping from buy to sell and 4h holding close to sell dashed line, 1H should hold to buy dashed line at start of uptrend, 30M should be very volatile crossing both dashed lines back and forth frequently.
4. MACD on the 30 and 1H breaking through zero (We've got 3 beautiful waves in both charts that are still waiting on a fourth due anytime *cough*June*cough*), MACD lines on 1D and 4H primed to break up too
5. POC trending 30M>1H>4H>1D (This ones tricky to dial in properly but that's the idea)
There's a lot more there, just some zoomed perspective for all the TVIX riders out there.
Vixindex
This is the Most Important Chart in the World The most important chart in the world right now: VIX futures. That golden line at 31.3 must hold to maintain the bearish scenario alive. Notice what is doing the MACD histogram on the daily TF.
VIX Risk Range - 12:59:46 (UTC) Tue Apr 7, 2020Previous Close: 45.24
Upper Bound: 70.23
Lower Bound: 40.13
Bias: Long
12:59:46 (UTC)
Tue Apr 7, 2020
KEEPING IT COOL!!! VIX SWING TRADE OPPORTUNITY (6 WEEK HORIZON)Pure technically we have seen the weekly VIX candle breach the Bollinger Band 6 times in the last 11 years with a syringe like pattern (more than 70% upside). In my opinion this pattern happens when people are in panic mode. 5 out of 6 times VIX dropped significantly within 6 weeks. The exception (rectangle shape) is the 2008 crisis. My SL will be set at the top of the syringe 62.37 (approx -25%). With a Risk/reward 1:2 my TP is 23.76 (approx +50%).
IMPORTANT NOTE: PAST REWARDS DO NOT ALWAYS REFLECT THE FUTURE and because this may be more like a 2008 style pattern. DO NOT INVEST more than 20% of your free cash and be ready for a martingale ( set an alert and double down in the next huge spike)
VIXChart illustrates by itself shows how crazy/irrational an 'emotional/fearful' market can get; it is what it is until it's not. GL
Volatility of US stock market will increaseHello, Dear Friends
VIX index expected surge in next few weeks, RSI / VIX index value in support range.
And for the direction of US stock market? I bet down.
THanks!
