VXX daily - bearish - 2/19/2016Breakout failed. Now lost 3 supports (red lines, 10 day MA). RSI broke too and below 50.by CosmicDust2
Might shit the bed very soonWatch this rising wedge and breakdown with RSI - Target 21-22by JXMFinancial111
VXX daily - looks like a cup handle - 2/6/2016I will be a buyer if it closes above the red. I will short it if blue support broke.by CosmicDust220
VXX suggests SPX 1700, on/about 2-22-16Three consecutive cups, VXX rising to new highs on 20 to 24 day intervals. VXX goes up, SPY goes down. Will four times be a charm?Longby BertS112
DJP checkup - patiently waiting for a turn - 1/24/2016DJP is far far worse than 2009, and is now at decade low. Other than diverged RSI and MACD, the main trend is still down. by CosmicDust1
A VIX product shorting algo (quick just for a buddy)the yellow line is the RSI,14 of the VWAP of VXX The other two lines are related to: VWAP of VIX futures price minus the VIX spot price . So the volume weighted premium of the near term futures (I think). Green is the long (50 day) moving average of the RSI of the above value. Pink is this: short_ma = sma(((v_rsi - 50) * 1.5) + 50, 30) -- and to be honest I have no idea what I was thinking here, 50 is the mid line on the RSI oscillator... idk Anyway, it shorts when the yellow line is >60 AND the green line is above the pink line and just closes when the pink crosses back over the green and the RSI is < 50by MindsForge2
THE VXX PLAY (I WANTED TO PUT ON FOR THE "FOMC POP")When we had our first rate hike in umpteen million years in December, I had a play like this on for a GTC fill to fade any volatility spike we might have in response to that. Of course, it never came ... . But thanks in large part to Chinese markets, I've now got that spike and will fade it here if I get the chance. Here's the setup: VXX Feb 19th 16/17 long put spread (the 16 is the short, the 17 the long) Probability of Profit: 16% Max Profit: $93/contract Buying Power Effect: $7 per contract (at the mid price) (will that be around on Monday? Who knows?) Break Even: 16.93 Naturally, this is a total longshot setup at the outset. However, the idea is not to expect price to break $16.93 (that would be a "glory shot"), but rather to take it off at, for example, 50% of max profit. Shortby NaughtyPinesUpdated 3
Long VVX Short PlayAll I care about here is that green dotted resistance line. Once we can get a 30 mn candlestick to close above that line then we can setup a long trade. If the candle never closes above I don't to trade it. Heres why I think this has a chance at rallying. 1) Closed red on the year just a few days ago, first time in a long time. 2) Sentiment in market is fearful, thats why you see the VXX reatracing not selling off . 3) Continuation Flag pattern here 4) Fading Volume in the downtrend (weakness + trend reversal clue) 5) A lot of support at 20.50 Keep a tight stop below whatever market structure is created tommorow. But once again, we don't want to go long unless we close above/ violate that green dotted resistance line.Longby YusufSUpdated 2