SPX slide down today and tomorrow but 2,950 will hold for now. Next week, SPX can bounce Monday to Wednesday (small bounce). After that it will break the 2,950.
A lot of complacency as VIX continues it's ascent.
I have to commend you on your discipline hit 28 it and You did not sell it Are you just holding for $30 Or are you gonna sell In the $27 range great job anyway
SC is amazing in his general cycle overview. But I've learned not to rely on daily specificity. His call for not shorting till Thursday was WAY off the mark. But he was close.
SPX still heading lower. The turn did come a couple days early. Next low still due next Tuesday or Wednesday, October 8th or 9th. It'll bounce for a couple days at that time.
Freefall on October 14th, bottom due October 15th.
Next tarrifs go into effect October 15th which is no coincidence.
i am sitting in cash i believe we see a big rally since your not seeing what i am seeing i am sitting on the side good luck!!! if it hits 40 i will short it big
Or maybe all in one day?
ReplyDeleteExpect it to follow the orange line.
DeleteUVXY was too low this morning under the orange line so it shot up. Now it's well above.
DeleteSo settle or sideways for UVXY as we wait for the line to rise.
vix up 2.24 uvxy up 1.40 not making sense to me?
ReplyDeleteVIX golden cross is imminent.
ReplyDeletehttps://www.youtube.com/watch?v=yH9ZiPBXUBQ
ReplyDeleteBitcoin falling off a cliff, any predictions?
ReplyDeleteBitcoin has hit the 8,000 target!!
DeleteBig drop will come next week in spx
ReplyDeleteSCJune 30, 2019 at 9:30 AM
ReplyDelete"Event:
Special Counsel Robert Mueller is scheduled to testify before Congress on July 17th.
Prediction:
President Donald Trump Impeachment this September/October."
bullshit market will rip higher prediction 2940 then 3050
DeleteKaboom...VIX
ReplyDeleteVIX to 15.xx ...then 13.xx soon
ReplyDeletesc i guesss your gonna hold till october 3-4
DeleteYes
DeleteWhat happened to UVXY getting to $40?
ReplyDeleteCharts are coming soon with the roadmap.
DeleteMany thanks as always SC!!!
DeleteThis is very special...
Deletebig rally coming into friday
ReplyDeleteuvxy looks to be headed to 25
ReplyDeleteUVXY closing at the orange line, very nice!
ReplyDeleteThe always line on this chart on this page
DeleteMaybe I will buy a block tommorow
ReplyDeleteUVXY hit the $28 today!
ReplyDeleteSCSeptember 18, 2019 at 1:01 PM
"UVXY wants to test the July low $23's. Fine. It'll be trading in the $28's soon."
i had 50000 shares should of held a little longer been trading in and out 28 on the button Good call as usual
Deletehttps://www.youtube.com/watch?v=rWNOSYr4ml8&feature=em-uploademail
DeleteDid you sell any
ReplyDeleteWaiting, UVXY keeping pace with the orange line.
DeleteSc where do you see bitcoin going now ?
ReplyDeleteSome are calling 70k the next move up
Thank you
No big move in bitcoin. It has hit the 8,000 target so it's getting closer to a low. I notice GBTC still falling precipitously.
Delete2,952 hit.
ReplyDeleteSCSeptember 20, 2019 at 10:04 AM
"SPX support 2,950, likely to be tested next week."
Yes now your expecting what price spx
DeleteSPX slide down today and tomorrow but 2,950 will hold for now. Next week, SPX can bounce Monday to Wednesday (small bounce). After that it will break the 2,950.
ReplyDeleteA lot of complacency as VIX continues it's ascent.
VIX will have the golden cross tomorrow. Which means both the daily and weekly will be in positive alignment.
ReplyDeleteSo what is low u expecting on uvxy. And what is next high
ReplyDeleteUVXY see $27's tomorrow. Maybe $25 or $24's next week as it continues to rise towards $30.
DeleteI have to commend you on your discipline hit 28 it and You did not sell it Are you just holding for $30 Or are you gonna sell In the $27 range great job anyway
DeleteThank you, and you as well!
DeleteSC - just curious are you suggesting we might retest the 3020 SPX area before larger decline?
DeleteBecause we have the V bottom, it can simply be held for the swing as it rises. Or can be more active. Either is fine. Different styles.
DeleteRob, it may but a bounce won't last. 2 or 3 days.
DeleteLooks like a H&S forming on the hourly..breakdown 2960 and LOB..
DeleteVIX 13.19 soon
ReplyDeleteIf that ever happens soon would you mean by soon and if that did happen I'd buy a 100000 UV XY
DeleteSc theres 27ish
ReplyDeleteYes, the daily target of $27 has been hit.
DeleteUVXY probably see a touch higher on Monday, but if a trader did want to take profits today is a good day for that and reenter Wednesday.
DeleteOr just sit back and enjoy the ride.
Yes great call Are you still thinking 25 ish for next week
DeleteThe market is getting bludgeoned daily.
ReplyDeleteI have been trading UV XY long and short make it a ridiculous amount of money bro crazy
ReplyDeleteI love your short term view as well along with the longer term view I think it are helps a lot thanks your assistance
ReplyDeleteAbsolutely, it's a great vehicle to trade.
ReplyDeleteYou are more than welcome. It's just a lot of fun, and the perfect market to do it.
ReplyDeleteSold UVXY $26.85.
ReplyDeleteSc Is spx low close to 2940. And tally to 3000
ReplyDeleteYes bounce from 50 day moving average.
DeleteRally 2984 or 2995 then down hard
ReplyDeletepossibly 2880 before 3050?
ReplyDeleteSC I have been short uvxy since friday what would be your entry price in uvxy 24 to 25 still
ReplyDeletehttps://www.youtube.com/watch?v=iWp175LVxa8
ReplyDeleteThe Monday to Wednesday bounce materialized. Turn due on Thursday.
ReplyDeleteToday is the strongest day. Flat tomorrow.
Next selloff Thursday through Wednesday.
ReplyDeletesc are you looking for gaps to be taken out down to 2914.39 sept 3 gap on daily chart?
Deletehow is uvxy down a dollar when vix down .16 lol
DeleteLol, VIX staying strong, golden cross
DeleteSC - are you waiting till Thursday to get long UVXY or has the turn occurred earlier?
DeleteWaiting, volatility should settle down.
DeleteThank you for the great calls!
ReplyDeleteThis is getting fun!
they sure are!!!!
DeleteThats why i am laughing i cant wait for this to happen i just covered my short uvxy
Deleteuvxy exploding higher
ReplyDeletewow i tried to buy and it exploded higheer on got 1000 shares
ReplyDeletesold my thousand shares
ReplyDeletelooks like 30 coming fast
ReplyDeletesc prognosis
ReplyDeleteWhat is happening today is that UVXY it trying to recapture the orange line.
ReplyDeleteYesterday UVXY closed significantly underneath. A valiant effort today however I don't think UVXY is strong enough here to keep pace.
ReplyDeleteAre you looking for another dip to 25 or lower/higher?
ReplyDeleteUVXY still looks like it will cool off soon.
DeleteSC, 10/3 is they symmetry for the line, so that only leaves 2 more sessions....
ReplyDeleteNotice today SVXY has higher low while SPX has lower low. Suggests market bounce coming.
ReplyDeleteSVXY may want to test the 200 dma $51.75 but it look to be close to a low.
ReplyDeleteUVXY hit the blue line this morning which was why it saw that strong reaction.
ReplyDeleteThe blue line is sloped down though. Wait for another test of it in the $24's.
ReplyDeleteUvxy looking strong 24.99 to 27.60
DeleteSc,
ReplyDeleteWhat are you thoughts on the grand cycle? Of course a big sell off like today brings out the bear options. But are we near the edge of the cliff?
I'll post the update. It's doing what it should. No, not really. The market is in a relatively tight range.
DeleteSC should we buy and chase UVXY to 40? Or is that going to occur later?
DeleteNo, just wait. Later.
Deleteyup we missed that one lol
ReplyDeletegaps need to be filled i think the last gap is 2890 on august 28
ReplyDeleteLooks like a good hit 2880 or maybe 28 seventies then 3050
ReplyDeleteSC is amazing in his general cycle overview. But I've learned not to rely on daily specificity. His call for not shorting till Thursday was WAY off the mark. But he was close.
ReplyDeleteWhen going long, I’ve been trading SOXL, it has a better percentage than SVXY.
ReplyDeleterip your face off rally will come soon in my opinion we might hit 2990 first or 2880 thou 3050!!!!!
ReplyDeleteim short uvxy at 30.20
ReplyDeleteShorted more at 3090
ReplyDeleteBought UVXY $30.20.
ReplyDeleteLol You're making no sense
DeleteYou've lost me, SC. And I would imagine not a few like me here.
DeleteI know, I know...
DeleteYou didn't post my e that 3090
ReplyDeleteSPX still heading lower. The turn did come a couple days early. Next low still due next Tuesday or Wednesday, October 8th or 9th. It'll bounce for a couple days at that time.
ReplyDeleteFreefall on October 14th, bottom due October 15th.
Next tarrifs go into effect October 15th which is no coincidence.
What is your UV XY target
ReplyDeleteEstimate SVXY can see $46.40 or lower by October 15th. I'll calculate the number for UVXY.
DeleteMy charts are all based off SVXY.
i dont get it we could pop here uvxy could drop here
DeleteCovered my 3090 short
ReplyDeleteTrump is raging fury
ReplyDeletei am ecpecting 2940 then 2830 possible then 3050
ReplyDeleteexpecting
ReplyDeleteWait a minute you're expecting SVXY the drop to 46 and change that means UV XY will be at 40 correct me if I'm wrong
ReplyDeleteBought TVIX at $16.00.
ReplyDeleteSpecial Update coming!
ReplyDeletei am sitting in cash i believe we see a big rally since your not seeing what i am seeing i am sitting on the side good luck!!!
ReplyDeleteif it hits 40 i will short it big
https://imgur.com/a/nNXaRGd
ReplyDeletehttps://imgur.com/a/MnCB2CW
ReplyDeleteWhoosh into the close! VIX!!!
ReplyDeleteI see a huge rally coming and a drop on October 15th What do you see show me what you see
ReplyDeleteI'm thinking 3050 by October 10th and then slammed in the face after that
ReplyDeleteClosed below -3 SD band. See what happens tomorrow https://imgur.com/a/fCwAh8I
ReplyDeletemarket will rip higher
DeleteThere will be a big bounce off the 200 2950 plus
ReplyDeleteLouis - you said 2880 before 3050. Are you still looking for 3050 from here?
Deletei thought we would have a huge rally but not now i think 2900 to 2920 then down 50 plus pints spx weird market
Deletesc most likely gonna be right
Deletei will probally buy uvxy but just waiting for market to get overbought shortterm
Deletei am waiting for special report
ReplyDeletei am looking for a 180 point drop october 15th
ReplyDeletehttps://www.valuetrend.ca/seasonals-and-technicals-lining-up/
ReplyDeleteSee if we get a close below 200 day
https://youtu.be/IzxPJyUabgc
ReplyDeleteUVXY may be moving much higher:
ReplyDeletehttps://northmantrader.com/wp-content/uploads/2019/10/SPXMega.png
Good call didnt see that!!!
ReplyDeleteWe going downtown
ReplyDeleteAfter fear comes panic
ReplyDeleteuvxy target?
ReplyDeletethis not making sense to me vix up 18 cents and uvxy only up 58cents with the market down 1000 points i thought the move would be much greater
ReplyDeleteMaybe the job report will create a Panic
ReplyDeleteI was still expecting a rally 2940 then down hard Weird market something just don't look right to me
SVXY would need a miracle to turn up the chart. Not happening. It's rolling over.
ReplyDeleteIt could fill the gap at 51 and 3/4
Deletehttps://www.youtube.com/watch?v=UlDY03BM32I&feature=em-uploademail
Deletehttps://www.youtube.com/watch?v=TQRNBTKDziU
DeleteI Bought UV XY at 2930 and I bought TVIX1575
ReplyDeleteWe seem to be holding the blue line 200 day average
ReplyDeletehttps://imgur.com/a/hQ0ExL6
bought more tvix 14.75 and uvxy28
ReplyDeletelooks like im gonna have to triple on this tird!!!
ReplyDeletei said 2940 bang its gonna happen!!!!
ReplyDeleteLooks like SPX going to make one more higher high at 3040 before the next selloff.
ReplyDeletewe could go to 1366 on tvix and 26.50 on uvxy!!!! lookin foward to that special report
ReplyDeleteSc what's your prognosis now the I guess the miracle came through
ReplyDeleteVix crashing hard I'm gonna have to buy big when this bottoms
ReplyDeleteSc what u expexting
ReplyDeleteI am totally confused why you bought uvxy when it hit 30.20
ReplyDeletebecause that was the the target on the chart can you draw another chart? thanks
bought uvxy at 26.62 and tvix at 13.88
ReplyDeletelooks like this is the miracle?
ReplyDeletehttps://www.youtube.com/watch?v=i_tfko-TMgQ&feature=em-uploademail
ReplyDeleteAlong the same lines -
Deletehttps://twitter.com/b_seagle/status/1180243983991218176
The special update will be posted today with detailed charts.
ReplyDeletethanks SC
ReplyDeleteSpecial Update has been posted!
ReplyDelete