Last night I noticed something interesting, which made me think that regardless how the market would be doing today, it would be bearish! It is the VIX chart that is sending some signal that a pop in the volatility is imminent, which is nearly always associated with a downdraft of the stock market. Here is the chart of the VIX after today's closing:
Last evening, I noticed that VIX was sitting right at its lower BB. Then there are only two scenarios to follow: either VIX jumps immediately or it goes down further to below its BB and then pops. Either way, it will send some panic wave to the market seemingly out of the blue. I believe I have talked about this before that VIX has rarely closed below its BB, probably once or twice a year. Whenever that happens, it will jumps higher very soon. There is no way to know how high it will go in advance but usually meaningful that will cause some pain for the stocks. See the green allows; the recent two times when VIX was close to its BB, it jumped and S&P plunged for over 100 points each time. This time, VIX has closed below BB today. To me the signal is very clear that the volatility is ready to rocket high probably in a few days at most. So fasten your seat belt as it won't be smooth!😗😵
In addition, it seems to me that the current setup is quite similar to that about a year ago (see the pink circle) just before a huge quantum leap of VIX. Not necessarily immediately like next week but in the next few weeks, I think this is something likely coming. After all, we are in the "Go Away" period but I have started to sense the euphoric mood building up now. A perfect setup for a sudden and surprising volatility attack!
Considered being warned!!😷😎
technically, I agree with you 100%. But the change of sentiment needs some trigger which nobody anticipates......
ReplyDeleteHello everyone , here’s your opportunity for you to achieve your dreams of being a multi million dollar rich through trading , I once loss all I got through trading but was fortunate to come across a woman with great virtue and selfless heart (Doris ) i was introduce to her masterclass strategy while searching online which has revived me of all my losses and made me gain more and more . With her unique strategy you are entitled to daily signals and instant withdraw ,be rest assured of getting a refund of all your loss investment with any platform that has denied you in one way or the other in getting your money . Mrs Doris masterclass strategy is simply the best for beginners and those that are finding it difficult to succeed through trading she’ll help you with just a simple step . Email her Dorisashley52 @ Gmail .com WhatsApp +1 516 494 0313
ReplyDeleteI initially invested a total of $1,050,000 over a period of 5 weeks with my broker. My bonus/profit was $8,300,000, every attempt to make withdrawal failed and I was instructed to make another deposit of $250,000 before I can make withdrawals which I did. Up till now, I’m still unable to make withdrawals and all attempt to contact broker has failed. This is very pathetic and I felt so bad losing my investment. I did a due diligence test before investing with them but guess what I ended up getting burned. This is to create awareness, not everybody can be as lucky as I was. I’m saying this because I was able to recover my funds. Thanks to a recovery specialist, they are private investigator and wealth recovery experts…Contact them via mail for more inquiries Fastfundsrecovery@Protonmail.com , Thought someone might find this information useful.
ReplyDeleteFor me, I think attaining that financial freedom isn’t magic, It is basically foreseeing what the next gold mine would be in the nearest future. The only Goldmine I see right now is Cryptocurrency and blockchain as TESLA just purchased $1.5billion dollar of Bitcoin, and it is also looking to accept cryptos for its products in the nearest future. Months ago, I started investing with Cryptonest; in spite of what people say about cryptocurrency and mining, this firm have been able to prove every critic wrong by consistently focusing on satisfying their clients to the max.
ReplyDeleteBecoming a consistent profitable Investor/Trader doesn’t start by you asking for what to BUY or SELL. It is about learning the skill set and sticking to the rules behind it. If you are willing to invest, search for a reliable partner and invest with them. The purpose of everything is to make money, so while you are learning how to be a good trader/investor, you can be earning some bucks too.
You might be wondering how and where to invest…. You can check out “CRYPTONEST.ORG”. That’s the only firm I can recommend as regards Cryptocurrency Investment Funds. They have been reliable and consistent so far with their ROI.