FINANCIAL CRASH INCOMING, UVXY +400%As text says. Energy building up in this cluster with a potential 400+%.
Fast flash crash incoming for financial markets. Trump will get rid of all the tariffs after this, or blame someone else.
UVXY trade ideas
$UVXY above $30, brings $60+CBOE:UVXY has two big hurdles it needs to make it over before it can see higher prices.
1. It needs to get over the 200DMA (light blue line)
2. It needs to get over $30
As you can see, price has been consolidating in a channel since the August spike and IMO is almost ready for a big move.
I think this move will likely take place the second half of February and potentially into March.
I'll be looking at buying call options for 3/7 expiration, or 3/21 is even safer.
I think the move is likely to hit the $71 level on the chart, and could potentially go as high as the top resistance (however I don't see that as very likely). To me, most probable target is $78-82 right below the trend line.
Let's see how it plays out.
VIX againUVXY is landing in a short term trendline. SPY is heading to a resistance zone. I bought the ETF (no calls this time) I'll keep buying if it gets to the support at 18.30. I think the market is consolidating and we will have ups and downs like crazy. I'll take advantage of it. My first TP at 22, then will see.
VIX putsUVXY is hitting an important resistance level. It is usually rejected from that level. I bought some puts Jan 31, strike 22.
UVXY/VIX afternoon analysisTechnical analysis of VIX.
This analysis has price spike above 69, assuming equities roll over towards their October 2022 lows.
Valid as long as price remains above 18.34.
12/04 UVXY long Hello traders,
It’s time to take a look at UVXY again. Here are a few reasons why you might consider buying VIX for hedging or profit. Either way, it’s not a bad idea to allocate some funds:
1. Potential Yen-Carry Trade Unwind: There’s a strong possibility we’ll see another round of yen-carry trades unwinding as Japan prepares for another prime rate increase.
2. SPY Resistance Levels: SPY is approaching the 6100 area, which is a key resistance zone. I anticipate a pullback to the 6000 area, possibly testing it tomorrow or Friday. This movement could push UVXY toward the 21 level in the short term.
Additionally, UVXY is a good mid-term hold since SPY has a higher probability of moving downward than upward in the coming days.
May the trend be with you.
AP
UVXY Calls A big week head of us we got NVDA earnings report Wednesday after the close. with the market on a 5 day losing steak (1.3% Friday our puts killed it from my last post) and a gap to fill above i expect a slightly green day Monday and i will buying the red UVXY with $25 calls 11/22 expecting to see the same thing as last report will be trimming before the report hopefully making the trade free and will most likely pick up a headge.
$UVXY: the next move, to $50?I've been watching the CBOE:UVXY for months now trying to anticipate the next large move. Throughout September and October I was anticipating a larger move to play out, but we ended up just trading in a range. Luckily got a few profitable moves in the chop and got out at the high right before the election.
Then I thought there would be a larger drop. I entered in the low FWB:20S earlier this week and sold my spot position today on the move higher.
Now what I'm anticipating from here is a decline in vol early in the week and a rally in the market. On Tuesday or Wednesday, I'd be looking to go long volatility again as I think the NVDA reaction after market close Wednesday is going to cause some volatility in the markets.
Lots of reasons are lining up to believe the outcome of NVDA earnings will be bearish. I have a pivot on the chart on Wednesday. The NVDA chart has stalled at resistance and gapped lower.
Etc.
I think this will be the last large move in vol until early 2025 (Feb-March).So in other words, after this selloff the market rallies into Q1 2025.
In 2025, we will make volatility great again. I think we're going to see a resurgence of vol and we're going to see covid style numbers get printed in vol with 200-400% moves.
However, let's wait until this move plays out first before we focus on 2025.
I'm looking to enter calls early next week for 12/20 $30C.
