SHORT TERM VXX ON THE DAILY. BREAKOUT COMING SOON?Doing my weekend research i stumbled on the macd crossing green on the vxx with this descending triangle on the daily. If this breaks the volatility can come back into the market like last week and we can see some huge swings in stock price. The week of 2/10/2025 will be very interesting.
VXX trade ideas
VIX ready to explode higherLook at the last 2 Monthly candles. They are bullish candles and short term volatility would explode higher in Feb 2025.
All the best.
Marketpanda
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VXX symmetrical triangle breakout up or down; 40 or 72Symmetrical triangle breakout measured move upside = 72. Plus 72 is also a Fib extension price.
If VXX breaks to the downside then the target price is 40 from the triangle measured move.
Chart shows cycle tomes in red and pull back sloping lines in yellow.
There are trend line supports occurring in stochastics , ADX and Smart money/MCDX indicator.
VXX watchHere's a 24hr ext VXX chart with the Cumulative Volume Delta indicator. The Chicago Board Option Exchange (CBOE) Volatility Index was introduced by Cboe Global Markets, Incorporated in 1993. Simply referred to as 'the VIX', it is a market index that measures the implied volatility of the S&P 500 Index (SPX) – the core index for U.S. equities. In real-time, it represents the market’s expectations for volatility over the coming 30 days.
VXX spiked to a high of 91 on Monday 8/5/24 with today's 8/6/24 low of 62. In the past few weeks there's been domestic political uncertainty, geopolitical risks, recession fears, FOMC continued high rates, Mega cap tech earnings, Jeff Bezos sold 8,645,380 AMZN shares for 200.12 on 6/11/24, Warren Buffet sold 390 million of AAPL shares and the unwinding of the yen-funded carry trade reverberated through global markets.
I'm no expert, but it sure feels like the S&P 500 has not bottomed out yet, which means VXX could hit 100 before all of this is over. VXX is used as a tool to hedge your portfolio when there's short term downside risk. Some traders take advantage of the volatility to make a profit on a trade. Since you can't trade options for put protection outside of regular market hours and most people don't have futures accounts, I think VXX shares can be very helpful if there's another downside volatile pre or post market day in the future.
Large correction coming soon? $VXX is the play.If you've been following me for a while, you know that I've been warning of a crash for some period of time, and now I think we're within weeks of that playing out.
I've largely been bullish for the past year, with periods where I thought things might fall, but now all of my upside targets for BTC have been hit (minus GETTEX:54K which is still possible) and stocks are looking like they're on their last leg higher. While I'm very bullish over the long-term (into 2027), I think that the rest 2024 will be bearish (which would catch a majority of the market off guard as everyone is expecting a top to be put in by the end of this year). They're not really expecting for the rest of the year to be bearish and for 2025-2027 to be the real bull run. This is my base case.
I've been watching VXX for sometime, and I think we're very close to the levels where we'll see a reaction higher.
I think over the next couple of weeks, some data will come out that sends VXX into a capitulation move lower, down to the $12-13 supports that are on the chart. Those levels will be great levels to buy some calls.
I'll be buying June $20 + $25C as I think those will provide the best risk/reward for this move, if it is to play out.
Let's see if it plays out.
commodities high conviction entry in FebLooking back, commodities had a high conviction in february based on a longterm trend. Combining macd and BB break out.
Markets have either risk-on sentiment or defensive. During risk-on phase people want to put money to work, there is too much money. During risk-off or defensive, people want money and safety. Assets become too expensive. Bitcoin rallies during risk-on phases. Oil or gold can be either risk-on and risk-off . Markets are fascinating.
Faang can be a risk-on and risk-off, till everything becomes too expensive to have.
Markets leave clues. and they move on cycles.
It makes sense why commodities are risk-off . Small caps usually are risk-on (when economy does well, there are no global conflicts; ie the future is BRIGHT).
More concerns move the weight to risk-off , ie markets are a weighing machine longterm.
People tend to be stuck in one mood or another, and it's tough to adjust? markets can change gears quickly.
$VXX 15 C 05/14/24***THIS IS NOT FINANCIAL ADVICE***
Bullish Divergence on VXX and appears to be bottoming out, couple this with the BEARISH divergence on SPY daily chart (since December 13th-14th 2023) and FED's BTFP ending March 11th, Im willing to take the risk and see where this goes. Will post an update come mid march.
$VXX Interesting BrewTVC:VIX AMEX:VXX will be great adds as AMEX:SPY falls due to NASDAQ:NVDA downfall NASDAQ:TSLA will touch $420 soon . NASDAQ:SOXX will out perform AMEX:SPY yet again. Estimating TVC:VIX / AMEX:VXX of highs of 36k if AMEX:SPY downfall return back to 10% price $98 i'll let you guys decide on "politics"
$VXX setting up for a buy opportunityVolatility looks like it's forming an inverse head and shoulders, which is telling me that if price is to hold at the lower resistances, it should setup for a great long term buy and also start a more violent selloff in the S&P.
I'd play this through options. If price holds that $20-21 region, then I think it's a good time to buy March 2024 calls or Sep 2024 calls (or both).
Volatility Heads Up with a First Break OutOver the last couple of days, the previous posts have been showing a number of indications from various perspectives about a financial market breakdown, and here we have an essential heads up... VOLATILTIY.
I use the VXX ETN for the metrics it provides, albeit its idiosyncrasies.
August into September, a breakdown into a lower range indicated that a RISK-ON situation was in the equity markets. Since September, this started reversing, rather strongly, and consolidated at the earlier range.
In the past week, Thursday, it gave an real indication of what is forming... a significant Volatility breakout. This first stage break out is seen with the breaking out of a trend line, formed by the 4/1 line of the Gann Fan. This movement is a rather solid candlestick with momentum to boot, and both MACD and VolDiv are crossing up bullishly and breaking into the next upper range.
So, expect a break out of the upper range (orange rectangle), as well as the 8/1 line of the Gann Fan forming the next trend line resistance. When this happens, VXX may be spring boarding to 35, from 26-27 area. That is like a 50% increase in VXX.
Keep a close eye on this... the more the signs point, the more real it becomes.
Target 25 by Oct 6VXX is setting up for a bounce after completing a motive wave down.
Initial target is a 0.618 retracement to around 24-25. It will be explosive and begin after the FOMC 9/20 around 2pm.
After this initial pop I’m expecting consolidation or slight pullback before the bigger move up in October/November 2023
This will correspond with S&P beginning C wave to 4200s in coming weeks (the VXX initial pop will coincide with that), followed by a bigger down move in S&P to sub 4000 in October/November 2023 (this is when VXX will see bigger move… I’ll send update when that time comes)
Not financial advice but here is the play:
VXX Oct 6 21.50 calls and Oct 13 23 calls to give it an extra week. Sell half of position at 25, then set stoploss if VXX drops back below 24. If things get crazy it can extend above 25 to 28-30 range before pulling back so keeps some calls for that possibility.
Good luck.
- Vicky
ATMP MA Cross (50, 150)The Moving Average crossover strategy is a popular technical analysis tool used by investors to make decisions on when to buy or sell a security. It involves comparing two moving averages of a stock's price, typically a short-term moving average and a long-term moving average. In our analysis, we will use a 50-day Simple Moving Average (SMA) and a 200-day SMA.
Trend Identification: One of the key advantages of the MA crossover is its ability to identify trends. When the short-term MA (50-day) crosses above the long-term MA (200-day), it generates a "Golden Cross," indicating a potential uptrend. Conversely, when the short-term MA crosses below the long-term MA (a "Death Cross"), it suggests a potential downtrend.
Risk Management: Setting stop-loss orders based on MA crossovers can help limit losses during downtrends. For ATMP, if the Death Cross occurs, a stop loss could be set just below recent support levels.
Profit Potential: When the Golden Cross occurs, it signals a potential entry point for investors. By holding the position until a Death Cross or a predefined profit target, investors can capture profits during uptrends.
Profit Targets: Investors may consider setting profit targets at specific percentage gains. For instance, if ATMP exhibits a Golden Cross, an initial profit target could be set at 10%, with further targets at 20% and 30%, depending on the investor's risk appetite.
Stop Loss Areas: Setting a stop loss just below the recent support levels (determined through technical analysis) can help limit potential losses. This level should be adjusted as the trade moves in the desired direction to protect gains.
Cons of the Moving Average Crossover:
Whipsaws: The MA crossover strategy can produce false signals, known as "whipsaws," during periods of market volatility or sideways movement. Investors may enter and exit positions unnecessarily, incurring transaction costs.
Lagging Indicator: MA crossovers are lagging indicators, meaning they react to price movements that have already occurred. This lag can result in late entry or exit points, potentially missing out on significant price movements.
No Guarantee: Like any trading strategy, there are no guarantees of success. The strategy's effectiveness depends on the stock's specific price action, which can be influenced by various external factors.
VXX: Eyeing $28Just icing on the cake for more shorts this week. Retraced to .78 and holding into close and after hours. Even drew a little FVG fore more confirmation (which I usually don’t pay much attention to). I’m expecting this to have a very nice pop going into the rest of this week and at least to $27.30. Good luck!
Volatility heads up given - watch this one!This is the VXX (VIX ETN) and can be used as an indicative heads up to the equity market volatility. We are now at a rather unique point where the rubber band has been stretched so far, and at a point where you can just feel the tremor of it about to snap…
The daily chart of the VXX has been falling over the months, and in recent weeks, there is a long term MACD divergence that has not been sorted. This happened as the equity markets pushed much further up. This week saw a quick retracement and the VXX acted accordingly. The thing here is that this time, the VolDiv indicator got aligned. With these two aligned and about to break up into bullish territory (above zero), it give good heads up that a volatility spike is about to happen. Concomitant to the equity indexes falling off the cliff.
It does not look like it will happen in the immediate term, but within weeks to come IMHO.
Is it finally time for a vol event?I know everyone thinks volatility is dead because it largely hasn't moved for the past year, however, I think that could be changing in the near future.
The market has largely felt similar to how it did before the covid drop. People ignoring the risks right in front of them and blindly thinking the market will continue up.
The chart is telling me it might be time for volatility to pick up. Maybe Thursday or Friday this week?
If we do get a vol event, I think it'll be a sharp one, with ~100% rise likely up into the $40 resistances. Let's see if it plays out.
I bought a lot of calls just incase it happens.
Warning The VXX where is it going www.screencast.com
You see how low it is that called complacent no FEAR
see where she rose and spiked up FEAR
Well get ready this is when she breaks and market collapses
When not sure but its getting close why well
look SPY going no where
look IWM XLF under all ma
QQQ one leading and she is showing signs dropping
Be careful more regional banks will collapse its far from over just be ready short
she like a volcano ready blow markets in trouble.