NQ Power Range Report with FIB Ext - 5/14/2024 SessionCME_MINI:NQM2024
- PR High: 18290.50
- PR Low: 18274.00
- NZ Spread: 37.0
Key economic calendar events
08:30 | PPI
10:00 | Fed Chair Powell Speaks
Prev session closed as inside print
- Hanging around 50% of prev session range
- Daily print advertising potential reversal short below 18227
- AMP margin increase expecting vol spike for economic news
Evening Stats (As of 12:25 AM)
- Weekend Gap: N/A
- Gap 10/30 +0.47% (open < 14272)
- Session Open ATR: 246.07
- Volume: 13K
- Open Int: 240K
- Trend Grade: Bull
- From BA ATH: -2.2% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 18675
- Mid: 18106
- Short: 16963
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BA: Back Adjusted
BuZ/BeZ: Bull Zone / Bear Zone
NZ: Neutral Zone
Volatilityspike
ROIV - BioTech reporting 2/13 as a LONG earnings tradeRoivant Scientes, on the 15 minute chart is experiencing increase volatility and volume now two
days out from its earnings report. The MACD with zero lag shows a bullish inflection in the lines
On the daily chart, ROIV gained 38% in 2023 but has been down 4 %YTD. The volume and
volatility show both are heightened in the pre-earnings run- up. The last report in November
was a double beat which is good prognosis for the one upcomings. This is a risky earnings
play, ROIV does not yet make money. However, because it lost less than forecasted, buyer
interest has increased. The call option for 2/16 for a strike of $12.50 is priced at $ 5.00
per contract. I suspect a long trade in shares may gain to $ 11.50 targeting the double top
at the turn of the year for a projected gain upside of about 7% (with a stop loss of 2.5%).
Considering that ROIV has gained 12% this past week, 7% in the next two days is about the
same trend angle. As to the call contract, I have considered 100% return as my expections
for the two days before the earnings. If earnings disappoint trader expectations and price fades
I will sell to close the contract. If earnings is as expected, I will roll the contract forward into
the March monthly and add a bit more capital into the trade.
CANO a healthcare penny stock with high volatility LONGCANO is shown on a 15-minute chart now set for a long position with comments on the chart.
This is a VWAP band breakout with a volatility spike long trade.
Stop loss is about 70 cents, targets are 70 cents, $1.40 and $2.10 for 33% each and a reward
of $2 for every $1 risked. Options are available for one and two months expiration.
NQ Power Range Report with FIB Ext - 4/26/2023 SessionCME_MINI:NQM2023
- PR High: 12993.00
- PR Low: 12923.25
- NZ Spread: 155.75
Evening Stats (As of 12:05 AM)
- Weekend Gap: +0.17% (open > 12918)
- Session Open ATR: 203.32
- Volume: 46K
- Open Int: 244K
- Trend Grade: Bear
- From ATH: -22.6% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 13531
- Mid: 12959
- Short: 12392
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
VIX - A strong warning to inexperienced investors! In September 2022, we warned investors about the volatility creeping back into the market and set price targets of 30 USD and 35 USD. Subsequently, in the following days after our warning, VIX skyrocketed, hit our price target of 30 USD, and halted its rise at 34.88 USD.
Despite the index halting its climb merely 0.12 USD below our price target, we remain very bullish. Indeed, we still expect our short-term price target of 35 USD to be reached within days or weeks.
However, we believe that VIX will not stop there but will continue higher, increasing the odds of a market crash. In our opinion, once VIX breaks above the range shown in the title picture, the market volatility conditions will start to resemble the market crash in 2020.
That would align with what we outlined about the general stock market progressing into the second stage of the bear market, which will be confirmed by declining corporate earnings over time. As a result, we expect trading conditions to become substantially more challenging; therefore, we voice a word of caution to inexperienced and lay traders.
Illustration 1.01
Illustration 1.01 displays the daily chart of VIX and two trendlines highlighting the uptrend.
Illustration 1.02
Illustration 1.02 shows the daily chart of the Nasdaq continuous futures, which have declined more than 30%. Additionally, the graph shows other major U.S. indices, all in the bear market territory.
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 be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
NQ Power Range Report with FIB Ext - 6/13/2022 SessionCME_MINI:NQM2022
*HUGE INITIAL RANGE SPREAD CREATED ON THE WEEKEND GAP DOWN*
- PR High: 11829.25
- PR Low: 11679.25
- NZ Spread: 335.25
Evening Stats (As of 11:25 AM)
- Weekend Gap: = -0.74%
- Session Open ATR: 418.96
- Volume: 28k
- Open Int: 66k
- Trend Grade: Bear
- From ATH: -30.5% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 14105
- Mid: 12960
- Short: 11480
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
NQ Power Range Report with FIB Ext - 5/31/2022 SessionCME_MINI:NQM2022
- PR High: 12824.00
- PR Low: 12746.25
- NZ Spread: 173.75
Evening Stats (As of 1:20 AM)
- Weekend Gap: = -0.10% (filled)
- Session Open ATR: 448.21
- Volume: 176k
- Open Int: 260k
- Trend Grade: Bear
- From ATH: -24.0% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 14105
- Mid: 12960
- Short: 11480
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
NQ Power Range Report with FIB Ext - 4/7/2022 SessionCME_MINI:NQM2022
- PR High: 14520.25
- PR Low: 14490.50
Evening Stats (As of 11:30 PM)
- Gap: = N/A
- Session Open ATR: 371.41
- Volume: 25k
- Open Int: 236k
- Trend Grade: Neutral
- From ATH: -13.75% (Rounded)
Key Levels (Rounded - Think of these as ranges)
- Long: 14675
- Mid: 13500
- Short: 12390
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
Bond Market Volatility & EconomyBond yields serve as a leading indicator of economic performance, with major headwinds in the form of inflation and labor shortages, short-term yields have begun to invert demanding higher premiums than longer-term bonds.
As the bond market moves in anticipation, volatility increases and serves as a signal to the broader economy.
$MOVE provides a benchmark with bond market volatility, with an uptrend and spikes nearing Feb/Mar 2020.
The chart presents measurements going back to lat 2002, reflecting a dramatic uptick in volatility as the housing market collapsed in 2008.
The uptrend reflected now is serving as another warning to the markets that turbulent times lay ahead.
Vix beginning upward trendAs markets churn sideways with increasing uncertainty based on a potential correction and non-transitory inflation has caused the vix to break its' downward trend.
Play the vix through VXX or UVXY. VXX is 1x levered, UVXY is 1.5x levered. Gives you volatility protection to varying degrees depending on risk tolerance.
Vix suggesting income Volatility?The signals on the 4 hr chart suggest that volatility on the S&P 500 should spike within the next day or so.
Please like and follow for daily posts on various asset classes. Please also share your views on the trading ideas and whether or not you find them to be of any value to you as a trader.
Please note, this idea is shared for educational and discussion purposes only and should not result in speculative investment decisions in any asset class.
NQ Power Range Report with FIB Ext - 1/6/2021 SessionContract - CME_MINI:MNQH2021
- High - 12810.00
- Low - 12782.00
Current Stats
- Gap: = N/A
- Session Open ATR: 195.46
- Volume: 81k
- Trend Grade: Bullish
Key Levels (Rounded - Think of these as a range)
- Long: 13337
- Short: 10650
Keep in mind this is not speculation or a prediction. Only a report of the Power Range with Fib extensions for target hunting. Do your DD! You determine your risk tolerance. You are fully capable of making your own decisions.
BTC - EXPECT A SPIKE IN VOLATILITY - TIME TO BUY OPTIONS!Hello, the chart speaks by itself. We are incurring in a spike in volatility soon. It is the perfect moment for buying options, depending on your view (bullish or bearish). Take a look at the linked idea to understand how Options can protect you from liquidations and spikes while granting you leverage,
You do not know what Options are or how to use them? Check my status
Cheers
VIX beginning to trend upwards..This is not a cry to long VIX by any means, but it seems we are off the lows having had the lowest implied volatility in the first quarter of 2017 EVER recorded. Realized volatility was the lowest in 40 years.
What is does tell us though is that the rally is fading, uncertainty growing, and the key level to watch is the fresh low set by the S&P500 week before last.
Sell puts on volatility spikeThe precious metals sector was down hard yesterday on anticipation of further equity market upside post Trump Congress speech today. In this context, SLW was down most on twice average volume. While this would normally make us stay away from the shares, it offers excellent yields on the volatility spike, and a potential opportunity to build a position on the precious metal should the position be assigned:
- Indicative prices as per last close -
SELL SLW 16JUN17 $18 PUT = 1.02 (5.19% over 108 days, or 17.53% annualized)
SELL SLW 16JUN17 $17 PUT = 0.55 (2.80% over 108 days, or 9.45% annualized)