VIX Futures are currently sitting at the 200 SMA on the 1-Hour Timeframe at Resistance with Bearish Divergence a looks to be preparing to go down to fill the gap it created on the spot market, likely after the CPI release.
The VIX failed to close the opening gap it formed yesterday, which is slightly concerning news (especially if also considering an ongoing bloodbath in the Asian market and the potential spillover effect into Western equity markets). As a result, we are closely monitoring the resistance at $14.49; a breakout above it will bolster the bullish case for the VIX, while...
Clear sector rotation has been observed a day before CPI data release on Tuesday morning. It seems traders are getting out of Technology ( AMEX:XLK ) stocks and defensive sectors like Utilities ( AMEX:XLU ), Basic Materials ( AMEX:XLB ) as well as Industrials ( AMEX:XLI ) have been climbing up. HIGHLIGHT: The chart depicts S&P 500 ETF ( AMEX:SPY )...
✅VIX has almost reached A horizontal support level Of 12.40$ and as VIX grows Faster than it falls Due to the peculiar nature of The options on which It's price is based we will Be expecting a rapid Rebound from the support LONG🚀 ✅Like and subscribe to never miss a new idea!✅
When we looked at the Volatility Index (VIX) on our November 07 2023 analysis (see chart below) we compared it with the S&P500 index (SPX) : The S&P500 has reached the top of its Channel Up, while the VIX bottomed and is consolidating on a price action that is very similar to the July 27 2023 Low, which was the former Higher High of the S&P500 Channel...
XETR:DAX - The gap-up at the beginning was immediately closed again. Yesterday's previous day's range was almost completely filled. A fall below the previous day's low at 16859 could accelerate the downtrend intraday and target the lower #BouhmidiBand at 16784 next.
One hour after opening we trade sideways above previous day high 4906 which acts as intraday support and below upper #BouhmidiBands at 4941 which acts resistance for now
Adding the previous day's high and low (blue line) to the intraday #BouhmidiBands can provide further clues. At the beginning of the session we tested the previous day's high and did not overcome it. We wait for the initial balance until 16.30H.
Hello,Traders! VIX has retested a Horizontal support level Of 12.34$ from where We are seeing a bullish Rebound already and I think that the price Will go further up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!
There is a Spinning Top Pattern inside a Falling Wedge Pattern visible on the Daily Timeframe with Bullish Divergence on the MACD and a little bit on the RSI. If this plays out, I think it could atleast come up to the 200-Day SMA which is where it has topped out after the last several rallies we've seen in the UVXY.
On Weekly Chart - After the Cup and Handle BO - Nifty retested the BO zone and bounced forming a Rounding Bottom BO. The Target for RB is 21820. The Multi-year trendline resistance is likely to cross around 21900-22000. Given India Vix BO, Nifty might face sharp correction after testing 21820-21900 levels. Keep a tab on individual stocks and...
The Volatility Index (VIX) is trading within a Channel Down pattern since the September 28 2022 High, which has also been the start of the 2023 recovery year for the stock markets (SPX illustrated by the thin black trend-line). Being negatively correlated in nature, when VIX declined within this Channel, the stocks rose and vice versa. Since October 23 2023, VIX...
Most of the time, there is a correlation between the SP500 index and it's volatility. As you can see in the chart, a trend reversal occured in SP500 almost everytime VIX dipped. Now, SP500 is at a major resistance and the VIX is at the lowest level of the recent time. It wouldn't be surprising to see a reversal for SP500 at this point. Where can be a recovery...
The VIX will spike again, nothing to do about it. Fundamentally, a perfect storm is brewing. We had/have many events in the markets: - Covid Pandemic - Supply Chain Disrupted - Ukraine Invasion - Russia Sanctions - Inflation Spike - Energy Crisis - Global Drought - Interest Rates Hikes What's next, a full-blown WAR?
Volatility 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...
TVC:VIX chart mapping/analysis. Always been a firm-believer in strong negative correlation with SPX. Key is not matching SPX highs with VIX lows ie "catching the bottom" - it should be used as a supplementary indicator for overall market direction, by identifying key support/resistance areas for trend switches that aids you in developing a Trading Edge...
SP:SPX - Nice #BouhmidiBands reversal in play but watch out might see a pullback today