VIX withing the Andrews Pitchfork Framework pointing NorthThis is a reverse Andrews Pitchfork.
The A Point is higher than the C Point.
The Andrews Pitchfork is a tool, nothing more or less.
This tool, applied correctly, projects the most probable path of price. So nothing magic or secret.
The Andrews Pitchfork roots from a physical basis.
And that's the reason why we can apply it on EVERYTHING that fluctuates.
So, if you think it just works on Stocks or Futures, or any other money based product, you are missing out a very important point.
However, in this chart, we see what's going on, trying to filter out some noise using the Line Chart.
This is the exact same approach of analysis I'l do with every other product. I want to see a CIB = change in behavior. I want to see a SMACK! like momentum., followed by a scary one that follows ( confuse the crowd!).
Here we have it picture perfect.
Probably it's not by accident, because the VIX is a measurement of volatility = fluctuation (...of fear and greed).
My personal (attention:) OPINION (...since I don't have a crystal bowl), based on the Andrews Rules and my analysis is, that we shoot higher, at least to the Center-Line. Means, markets would tank.
Hopefully this helps you too, and awakens your interest in applying the Andrews Pitchfork to your trading.
T'care out there - be clever and risk small. The rest will come.
#LearnToEarn
Vixlong
VIX - An opening gap forecasts more pain for the stock marketIn the past week, the market saw a decrease in volatility , which accompanied the relief rally in the stock market. However, just recently, we stated that we expect the rally to be shortlived and to reverse its direction to the downside. We continue to hold this notion also nowadays; indeed, we expect an eventual breakdown in the stock market and new lows to be formed on QQQ , SPX , and the majority of the U.S. indices . Accordingly, we expect this process to be accompanied by another increase in volatility . Therefore, we would like to set a short-term price target for VIX at 30 USD, and a medium-term price target at 35 USD.
Our views are supported by tightening economic conditions as well as bearish technical indicators pointing to the more downside in the stock market.
Illustration 1.01
The picture shows QQQ on the daily chart . Two parallel white dashed lines constitute a downward moving channel, which is a bearish structure. The recent breakout below the structure indicates a very strong bearish trend of a higher degree. The sloped white dashed line acts as a resistance; on Nasdaq 100 continuous futures , the price is much closer to resistance.
Illustration 1.02
Illustration 1.02 shows the Nasdaq 100 continuous futures on the hourly chart. The yellow arrow pinpoints a perfect bull trap we outlined in our idea on QQQ .
Illustration 1.03
The SPX shows a bearish resemblance with the Nasdaq 100 index .
Illustration 1.04
The picture above shows a negative correlation between VIX and SPX, and Nasdaq.
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 serve as a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
Massive Vix Wave Incoming?Studying the VIX on the monthly chart. Looking at the dot com bubble and 2008 crash you can see the VIX works in some pretty massive waves. Looking at today we are in a some kind of new massive wave considering we haven't had a proper market correction in 10+ years. Can VIX break past 100?
Keep an eye for the VIXUVXY shown here is an ETF of the VIX and it is leveraged, which means its dip under the current trend is insignificant and mostly due to beta slippage. The VIX itself is still trending up and volatility is increasing at an alarming rate. Buyers beware, the winds are changing in the bear's favor and a deepened correction in the major indexes is HIGHLY likely
VXX Long Trade AMEX:VXX TVC:VIX VANTAGE:SP500
The main reason to be bullish in an instrument that is -99.99% down and continues to depreciate all the time is that VXX usually sees explosive moves when the S&P 500 declines, and the moves in VXX typically far exceed the movement in the S&P 500. And so as the S&P just made lower high and lower low and we want to protect our portfolio from the possible upcoming drop which is obvious with the fundamentals around with spiking inflation and interest rates and just technically we can expect -150$ drop in the index, and if we break this resistance level than we can expect an even bigger decline and the possible Take Profit level could be placed even higher, on the other hand, it is a very volatile instrument and it is preferable to be more conservative in taking profits.
Entry 26$
SL-23.50(1.50$)
TP1-30$ :Risk-Reward 1.50
TP2-36$ :Risk-Reward 3.90
VIX SHORTS ✅✅✅Expecting bearish price action on VIX as price made a huge bullish GAP, in my experience VIX is filling the bearish/bullish GAP's very very quickly in the same day in 80% of the situations. VIX down means STOCK go up, volatility and fear decreases in the markets
What do you think ? Comment below..
VIX Trend AnalysisSelf explanatory.
Every time divergence occurred, market reversed.
Expect bearish pressure for both NAS100 & S&P500.
This will be the final correction before bull trend resumption.
Dollar Index broke out of bull flag pattern and most likely to retest and move upside.
Every possible scenarios adding more bearish confluences.
Trade with caution.
Peace!!
VIX LONGS - RISK OFF ✅✅✅✅ Expecting bullish price action on VIX from a technical perspective as price made a huge move to the downside and rejected the 20$ price area with a bullish GAP this could potentially sign a market reversal or the start of the retracement move within the bearish structure.
I think in the upcoming days we will see the volatility going to the ,,moon,, during un-succesfull talks between Rusia-Ukraine. RISK OFF in the markets
What do you think ? Where we go next from there?
VIX LONGS RETRACEMENT MOVE ✅✅✅✅ Expecting bullish price action on VIX, as price should make a retracement move back into 25-27 area. We opened bullish on the pre-market meaning there was a lot of bullish pressure in the asian session. VIX BULLISH means we could see a selloff move on indexes, i will keep you updated with that as well.
What do you think ? Where we go next ?
VIX BULLISH ✅✅✅✅ Expecting bullish price action on VIX as i think a retracement move is incoming meaning the american indexes should go down. Today price rejected 21.00 price area, i think for the week ahead we will see 25-27 as a possible area where the retracement move will be finished.
What do you think ? Do you agree ?
Increase in VOLATILITY on the horizon? It's 1120am MST on 2/28, and I am expecting a further market decline. I already have a VXX call option in play right now and am expecting this position will end up in the money.
It seems Russia/Ukraine war is starting to heat up despite the meeting between the two countries today.
From a technical analysis perspective, there is another inverse head and shoulders forming and the 50 SMA is crossing over both the 100MA and 200MA, which seems to be a bullish indicator for VXX and a bearish indicator for the stock market as a whole.
I hope I am wrong on this one...because that would indicate a de-escalation of the war...which we're all praying for.