VIX will rallyVIX has been notably subdued lately, and though I don't spend much time with VIX; this chart looks ready to pop to me.
VIX trade ideas
VIX: MICRO VOLATILITY CYCLES / POINTS OF CONTROL / MACD & RSI DESCRIPTION: In the chart above I have provided a MICRO ANALYSIS of the VIX INDEX which represents volatility in the overall US MARKET. This is a short term play for this week based on micro volatility cycles.
POINTS:
1. Deviation in critical thresholds is 4 points a small adjustment from previous VIX charts published as volatility adheres to this more often.
2. 23 Point serves as critical support for VIX.
3. Current Trend = Symmetrical Triangle Formation 2nd Phase
4. Overlapping Green Dotted Lines = Market Open
5. Overlapping Red Dotted Lines = Market Close
IMO: In my opinion whether or not current setup becomes invalidated I do not see current price action falling below 23 POINTS is the POINT OF CONTROL TO THE DOWNSIDE while 31 POINTS is the POINT OF CONTROL TO THE UPSIDE.
MACD: Current MACD levels continue to fall and are bound to flip into negative territory further confirming current setup that needs some pullback for VIX.
RSI: Current RSI levels are dropping and no current signs of DIVERGENCE that would indicate a sudden flip to positive territory.
SCENARIO #1: VIX price action agrees with current setup & respects symmetrical triangle setup and bounces off 25 in coming session & precedes to the upside to break 29.
SCENARIO #2: VIX price action disagrees with current symmetrical triangle setup and breaks below 25 & faces possible bounce at 23 instead.
FULL CHART LINK:https://www.tradingview.com/chart/UUCv2fGk/
TVC:VIX
AMEX:UVXY
CrashcalculationsVIX showing crash will happen between
04/2023 - 04/2024 in the next year.
Prepare yourselves:
- Dont DCA, they gonna take your money
- Dont get emotional, they gonna take your money also
- Dont buy stocks
- Gold, raw materials, oil and BTC are the only hard assets. Rest is bubble that will break
- The moneytakers always say: ‘don’t try to find the bottom’. My plan: ‘find the bottom and go all in’. All in = 1/3 of my hard cash money after it DCA. Not investment advice
$VIX hits top part of Symmetrical triangle$VIX rarely tends to trade in a small & tight range.
#VIX Sold off big last couple months & traded in a decent range for a bit & recently, including today, popped big.
As you can see it hit the top part of the Triangle Formation.
Hard to call here but stocks gaining some momentum, being that many were OVERSOLD, including $DJI & $NDX, $SPX and so on, is not out of the question.
Risk reward @ day lows in #stocks was good. A lot of fear out there is good for reversals.
Keep eye out on 4 hour charts for a good idea of where we stand.
FYI $DJI 4hour close was NOT the best setup BUT it did form a BULLISH Engulfing with GOOD VOLUME.
IMO 32.5k on #DJI is good & if it breaks & holds that is a good sign.
High IV sets up premium selling environmentWith VIX ripping on today's bank FUD the IV Rank and IV Percentile of SPY is the highest in a year's worth of trading days. This sets up opportunities for premium selling that have not existed for a very long time.
Rules:
SELL the 20 Delta Strikes at 45 DTE or greater in monthly expirations.
BUY wings at 10 Delta Strikes same DTE
That ended up being:
SELL May 350 Put
SELL May 414 Call
BUY May 325 Put
BUY May 425 Call
For 4.64 Credit.
The plan is to "manage deltas" and keep this position delta neutral through the duration until 50% credit received. That means if the sides get tested directionally roll up the untested side, increasing credit, to get the delta back to as close to 0 as is reasonable.
VIX 1D: likely up to low 30s againAs above.
VIX looking likely to bounce back up to low 30s again.
Will follow.
S&P 500 soon to decline according to the VIXHello all, I've linked my previous VIX set up which paid extremely well and plotted out as expected.
Similar set up here and I've become very confident in my magic bowl as a precursor.
The charting speaks for itself. All we have to do is sit and wait.
$SPX $VIX trade setupFirst, let's take a look at the calendar over the next couple of weeks and before FOMC
- 3/10 Nonfarm Payroll (NFP)
- 3/14 CPI
Data the Fed will need for their next big decision, will they stick to 25bps or push forward with a 50bps.
This past week, the SPX was able not only to hold the 3940 200DMA but also reclaim prices above 4000. Time will tell if we continue grinding higher into FOMC, but at this point our job is to look for a way to defend our portfolios against another 5% drawdown.
With the VIX being so close to the lows of the year, it might be good time to play defense. June 30/40 VIX got some really good volume last couple of days, as of Friday they traded at $0.69 and the $20 Calls expiring Marth 15th starting to look attractive.
After closing our $SPX Call Credit Spread 4400/4450 for some nice 70+% profits, and now with our 3800/3750 Put Credit Spread at 40% maybe it is time to switch and build a position on the $VIX.
See more at carlosmolina.io
ViX stressed.... warn signalVix index as shows volatility is showing a strong movement this week,.... showing next week we might be heading for a big moves in the down trend!
VIX PredictionAfter reaching this level multiple times in the past year looks like VIX should return to high 20’s in the next few months
Vix 28 and pullbackHeaded to 28 and then I expect a pullback and wait for CPI...
Up 30% in 2 days...
Would take a nasty CPI think to break over this here ... or more fallout from banks over the weekend..
Putting news to the side, technically it's too overbought here.. looking for a pullback to 24
VIX: Bearish Continuation is Expected! Here is Why:
Looking at the chart of VIX right now we are seeing some interesting price action on the lower timeframes. Thus a local move up seems to be quite likely.
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Highest $VIX has been in a long time, Stocks prepping for run?$VIX pumped hard these last 2 days
Was interesting that it hadn't done much considering how much the #markets had fallen.
However, it could be short term topping out as #stocks are oversold atm.
25 has been an issue for some time now.
Other data is showing that we are likely setting up for a nice run.
VIX Local Short! Sell!
Hello,Traders!
VIX has hit a horizontal
Resistance level so
A retest of the target
Below is to be expected
Sell!
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VixPushed up to trendline resistance and 200ema here.. hourly over bought so we should pullback tomorrow .
If we breakover trendline, we're headed back to 30's
VIX Reached Support! Buy!
Hello,Traders!
VIX has reached a
Horizontal support level
So a bullish correction is
Due and because VIX
Grows faster than it falls
We can be expecting
A sudden strong
Move up on the index
Buy!
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Don't Fall for VIX Volatility Dead Cat Bounce“Happiness was never important.
The problem is that we don't know what we really want. What makes us happy is not to get what we want.
But to dream about it. Happiness is for opportunists.
So I think that the only life of deep satisfaction is a life of eternal struggle, especially struggle with oneself.
If you want to remain happy, just remain stupid.
Authentic masters are never happy; happiness is a category of slaves.”
VIX may actually wake upI expect VIX to go up from here.. could it have a big jump if stock market has big down move which my other ideas show I believe could be immanent.
Vix idea Expecting vix to react at this weekly multi year trendline . sitting right at support if this doesn’t react here most likely will hit 15 . But expecting at least 26 sometimes now as bulls target
VixPurple wave - 50sma
White wave 21ema
Some things I notice happened this week.
1.Daily MACD crossed over bearish
2. Daily CCI curling over
3. Daily RSI breaking uptrend
Those 3 things spell out bearish Technicals for the VIX.
Bounced off 18.00 friday with a hourly RSI at 20 and A oversold CCI on 1hour and 2hour..
I'm looking for a bounce up to 21 and 50 MA early next week and then we will see if the ADP non Farm will break vix out from under resistance or send it back back to 18.
If we break 18 this week the next strong support is at 17... if you go to your monthly chart and draw a trendline from 2017 lows until now you'll see we recently bounced on Feb 2 lows. Can't see thus market going back up 4300-4400 unless vix breaks back below 17
So I'm long until 20.30 , then let's see what happens
Vix Looking for a bounce back up to 20.50 here
Oversold on 1hour cci and on trendline support.
Once it gets back to 20.50 we'll see if there is a break out or not
