Despite the Russia-Ukraine war, despite inflation being at record highs, the DXY making a new high since 2015-2016, the bond market being in its largest bear market and with equities down 20-30%, the VIX hasn't really spiked yet. So far volatility has been contained and every time the VIX would get overbought at 35 or above, it would slowly get back down. However...
here is another idea, which would imply another move to the downside. may 30th, is the day a new moon appears in the sky - new moons are historically very bearish for the markets. there is a great possibility that spy goes lower using the current bounce as a wave 4. could look for a rejection from either the 0.382,0.50,0.618,0.65 (when pulling a fib from the...
spy, breaking through some key levels this morning. flow looks decent, most peoples are short. a squeeze was bound to happen. --- the question is, will it continue, or is this yet again another dead cat bounce? --- taking a look at how the es1! came down, it was in a perfect 3 wave move 5-3-5, labeled as an a-b-c (potentially the first of three). a...
my buddy @bowtrix got me thinking; -inside buys are are the highest levels they've ever been at since the covid lows. -our proprietary indicator is calling out a weekly buy on the spx for the first time in history. -we haven't been this oversold since 2011. -everyone is bearish, every single person. --- i think the bottom is very close to being in, if it...
Double the Fun. Double the Danger. Double, Double down... 25.60 Gap
the stage is set for the spx500 to undergo a massive phase of distribution. it will come in phases, and the final phase will be a parabolic break out\overthrow, out of the "rising wedge" which it will create. i'm hypothesizing an ending diagonal for the final fifth wave in this bullish sequence which had begun 13 years ago; it could go as high as 6k before the...
es is approaching the midline of a long term channel. the previous times we've ever come close to it, 7\8 times es went below it for a pretty intense bear trap. if history repeats itself, and we happen to dive below it again, i reckon we could find a temporary bottom at $3550 (38.20% retracement when measuring from the highs to the covid low).
good evening, spx500 is not looking so hot anymore. currently backtesting the midline of the descending channel, which is also in confluence with a major level. failure to push above 3950, and the spx500 will continue to spiral down. ---- on a positive note, we have some bullish divergence starting to print; perhaps a few more pokes at the lows, and we'll be...
Settlement is complete. Lower Po's are now open. VIX Roll Yield 105 Bips.
The VIX has Gpas slightly below into the 29s on the 15-minute chart. Breaking 30 would create an immediate dump. Friday will provide a tell for the CT for the Indies. ___________________________________________________________ The VX Curve remains in Backwardation will beyond M2/V2.
Fundamental Analysis Taking advantage of the recent volatility tracked by the VIX, and using VXX ETF for exposure to the VIX Future. Recently the market is poised to move into bearish territory with rampant inflation and the Feds hands tied in making monetary changes swiftly. Technical Analysis Chart is forming a double-top pattern in the making. MACD cross...
Despite the recent volatility in the tech sector, the S&P 500 VXX is still operating as if in a low volatility environment. VXX is a good hedge for a portfolio but technical analysis is showing sideways momentum, with key resistance levels at 30.18 still not broken. This low volatility in general can help in getting in at a cheaper price for when volatility does...
8 EMA in White. 13 EMA in Green 21 Ema in Red _________________________________________________________________________ Another Double Bottom at Support of more of a Counter TRend for Indicies.
-Lads and gents, don't even bother yourself with pointless technicals and fundamentals, right now the market has nothing to offer you all except uncertainty. -While VXX on the other hand has the amazing opportunity as it is no more supplied, so limited supply + rising volatility due to the market condition, create this one-time opportunity to load on them...
A Pullback to the support zone, 26.00 should be observed for a reaction. The 2022 50% is the Key Over/Under. Consolidation PB is underway ahead of EPS. 26.00 is the PO 31.20 is the extension on reversal and back to the larger trend.
Early to say, but VXX is starting to diverge from the MAs...suggesting flag breakdown. Still time to snap back above 24.5, but the downside risk seems higher now. Keep your shorts lights until action is clear.
good evening, the market conditions have been quite rough recently, but i have a good feeling about what is to come. i'm going to make a little video most likely talking about a very bullish scenario after this little correction here is completed. --- locally though, i'm eyeing 4326 as a local bottom before we see a three wave push to around 4520. from there i...
good evening peoples, been taking a peak at several of these charts, and things are looking absolutely primed for a massive move up despite the things going on in the world right now. i get that there's a war, rate hikes, inflation, etc; but hear me out. --- everyone and their uncle is trying to short the market right now- there's like 85% puts vs 15%...