Using the scaled VIX Fix here. The proxy might be more useful in calling major bottoms, and the ratio (and it's MA) seems to give some indication at ratio<2 or so.
ATR30 appears to follow VIX down better than HV30. One might be able to use HV30 and ATR30 as proxies for upper and lower bound for VIX.
Hit 61.8% time retracement perfectly. Stop will be moved up to breakeven to ride this one much higher
Next New Moon this weekend should start a bullish period so look for a turnaround around Tuesday
stop at 2,050. initial target at 2.618 price reverse retracement. Sorry, ignore the RSI here, the divergence is on the Weekly chart..
Looks like nice arbitrage.. I suppose the flipside is that you would have to take double 'BTCUSD credit-risk' to put on the trade. Probably worth it tho. Also note the timing of Mercury Retrograde, in traditional astrology the time where communication and electronic systems go haywire..
Planning to move up stops to breakeven and ride this higher
I think there's now enough panic selling to take a risky long position. The initial stop is quite wide but I'm expecting to move it up to breakeven pretty soon. In addition to the high-probability Gartley (in my experience), note the correlation of major bottoms with full moons.
Looking for Silver to reach a top around 22 Tuesday before turning down to a nice entry point
Putting the recent plunge in perspective, there's been several similar corrections. Will this one be the final straw? Maybe not, but this drop would need to come to a halt around $400 by next week.
EMA(2) crossover of the FRED Fixed Private Investments. A little late in 2010 but still worth to keep an eye on FPI, should it turn south here.
Ready to short here, just waiting on momentum to turn south. Sorry, title should read 'Bearish Butterfly'
Not extremely happy with the non-standard Gartley retracements here but risk-reward is good. Where is Icahn's stop, I wonder?