Market down: Synchronicity and the power of numbers
Clear VIX pattern emerging:
- Volatility has been forming regular waves between every spike or market correction;
- Average duration of a wave over the past 3 years has been 107 days + or - 19 days;
- Significant spikes between waves;
- Current wave duration has been 119 days, suggesting a correction is imminent;
- Volatility spike has properly started this week.
In addition:
- My solidly trending trades have been stopped over the past week;
- Gold seems to have found a bottom and is showing renewed signs of life;
- SPX has been foppish and rebounding against a significant resistance (see post below).
Conclusion:
- Time to take money off the table and to hedge against the downside
BUY VXX (have been building < $30)
BUY GOLD (am long GG)
- Volatility has been forming regular waves between every spike or market correction;
- Average duration of a wave over the past 3 years has been 107 days + or - 19 days;
- Significant spikes between waves;
- Current wave duration has been 119 days, suggesting a correction is imminent;
- Volatility spike has properly started this week.
In addition:
- My solidly trending trades have been stopped over the past week;
- Gold seems to have found a bottom and is showing renewed signs of life;
- SPX has been foppish and rebounding against a significant resistance (see post below).
Conclusion:
- Time to take money off the table and to hedge against the downside
BUY VXX (have been building < $30)
BUY GOLD (am long GG)
ملاحظة
The SHORT tag at the top means short the market and LONG VOLATILITY, sorry for any misunderstanding.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.