Looks like we located a potential market anomaly on the daily timeframe. As we approach a potential end to the A/C wave, there looks to have been a sign of weakness as we have a few candles during the most recent a/c wave that are giving us some information (Bullish candle/bearish volume). Since then we have seen price start a small bullish move. Looks like an...
The market made a really nice broadening wedge Friday, but we're at major resistance. The market needs to pull back here to cool off and bring more buyers in. VXX is printing hollow red weekly candles which means she's about the blow up again. She's been primed and ready for a breakout for the past two weeks.
good morning, by the looks of it, the bulls are in complete control. while the media feeds the masses fear, doom + gloom, the big boys are buying up everything. bears keep shorting, market maker keeps squeezing. until the last put expires worthless, this thing is going to continue pushing up in my honest opinion. ---- i've two paths on my chart, red path is...
The truth is that it is a buy whenever the VIX gets close to 20. Since November, and especially since the war in Ukraine broke out, I've said that the VIX below 20 is a steal. The VIX has just had a mini jump because of Pelosi's visit to Taiwan, but if nothing happens between the US and China, it could fall lower. Personally believe that stocks have another 7%...
Rushing 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...
good evening, --- i'm looking for a dip down into the middle of this month, down to about 3900\3850ish, followed by a rip into the end of this month to about 4200~4250. that peak will mark a significant top in this market, and september will bring forth a cliff dive. downside target at 3400 by the end of this year. --- 💸
good afternoon, as of today, my bear idea has lost most of the probability which it had. it's still possible, just less likely. --- looking at the move down from ath as a completed 3 wave move. weather it's wave (w) or a completed correction is not yet known, but we will know in the month ahead. --- looking for a pullback which starts next week, and goes on...
good morning, i'm seeing a few big bear signals popping up today. ---- -1 day hidden bearish divergence confirmed. -1 day waves master sell signal. -1 day red dot confirmed (distribution signal). -new moon tomorrow. ---- it's possible es makes a push up to 4040 before pivoting down in the days ahead. could get as high as 4110 technically, if the stars...
good evening, --- been thinking about this count today, and i think this correction is going to get larger before seeing new lows. theorizing that the recent three wave move we saw was wave (w) of a higher degree, the pull-back which is to come between july 28th ~ august 12th will be wave (x) and the move up will be wave (y) which takes us up into the 4200...
There is a substantial opportunity setting up for the Cash VIX, Calls are obviously higher into Friday's RT, but should be followed out to and through Feb 2023 at the 25 and 35 Levels. The Arbs are beginning to stretch the Bands to extremes, this almost always provides an outsized opportunity at Levels. 24.30 Was the July Futures Contract Support which traded...
in my previous post, i shared my primary bearish projection; in this one, i'll talk about my primary bullish projection. --- i have shared this idea recently via: --- my only problem is our indicator, and a few other factors. i've lowered the probability for this mid-term bull case to about 10%. raising the probability for my mid-term bear case to about...
good evening my peoples, --- it was just last week when i called out this trade, didn't expect us to get up here so quickly. 👇 --- in the post above, i was targetting 4000~4040, but i'm moving my target up a tad. w4 target = $4105.25 --- ps. it's possible the top was in today - so if price starts moving sideways, it could become a phase of distribution...
good morning, i shared this scenario two weeks ago, and it's been playing out nicely. take a look at the original post: --- with all of the earnings coming up, markets should continue trending up into the end of this month. i'm anticipating a bearish pivot after july 28th. ---- upside target = 4042
good morning o/ ---- es has been working on a little impulse over the last couple of days. my upside target for this current move sits at about 3999~4000. (can take a few days to get there) ---- currently unknown as to what comes next, will be determined based on the reaction we see from that 4k backtest.
good morning ~ --- spx is gearing up for a move up into that 4000+ area. if my count is correct, the rally should begin tomorrow. 3800ish, maybe slightly below can be met, after which a two week rally should take place. upside target at roughly 4060.
good evening, --- we're in a very choppy zone for the next month or so, range is between 3650~4000. --- es will likely grind up to anywhere between 3870~3900, after-which it'll likely see a rejection. that rejection will allow es to retest the range lows before attempting once more to break the range highs. local low should theoretically be in on july 12\13th...
Once they've finished dicking with Vol of Vol - the move Higher will provide an outright collapse in the Indicies. It will fill the Lower SPY Gqps @ 338, 285, and 230. _________________________________________________ The Weekly Bowl on the VX indicates it will retest its Hoghs and exceed them by a large margin. Time is not on Equities Side. Try as they might...
good evening. --- i've two projections in the weeks ahead: #1. a back-test of $4000, followed by a flush out next month down to about 3550. #2. $4000 is reclaimed as support, and price grinds higher in the month ahead into that 4300~4400 region. --- price action is the 🔑 in this market. observe it and vibe with the ever-changing flows of this wild market 💰