SVXY is getting ready to run up into Year-End.
The VIX Futures curve is heavily in favor of SVXY with a Santa Claus rally. TVIX remains at a disadvantage until January.
60min Chart
TVIX is bouncing on orange support. However, it will likely head lower soon into Year-End.
60min Chart
Seems like markets are struggling here
ReplyDeleteSPX is extended here like in past rallies...whenever it rolls over it will probably crash like Jan 18 etc...
DeleteYes Rob, exactly! January!!
Deleteby may market will be over 3300
DeleteAlso yes lol
DeleteMaybe we will get a big pullback of 5 points tomorrow....lol
ReplyDeleteObviously going long UV XY and TVIX has been a big mistake 2 times in my opinion the only way to be a short this piece of SHIT all pops I've made a fortune shorting these things
Deletelol if your lucky
DeleteTVIX found orange support this again and moving higher.
ReplyDeleteImpeachment vote coming tonight.
ReplyDeleteThe impeachment itself is not overly concerning, but what it does is create tension all of which is adding to an extremely volatile election year coming 2020.
Volatility is the place to be. Best trade on the board.
Im not lookin to hold a big position down to 10
ReplyDeleteAgree
Deletesc are you expecting tvix uvxy to move up this month or you lookin for move in january
ReplyDeleteJanuary entry
DeleteSc, still selling today, or wait for the vote?
ReplyDeleteLet's see how it goes, probably today.
DeleteSVXY is overbought on the weekly for the first time since the crash of 2018.
ReplyDeleteSold TVIX $51.40.
ReplyDeleteBought SVXY $65.45.
ReplyDeleteExpect SVXY to continue to become more overbought as it approaches Year End.
ReplyDeleteUSMCA is likely to be ratified soon.
ReplyDeleteWe have talked about the VIX futures curve a lot, and it is in favor of SVXY here.
ReplyDeleteim not sure if its smart to short volatility here? trump inpeachment vote it might be smart and sit on side
ReplyDeleteHave faith in Santa
ReplyDeleteIn Santa I Trust
ReplyDelete5 kids no body believes in Santa more than me
ReplyDeleteYes, Bitcoin can do well here.
ReplyDeletehttps://www.youtube.com/watch?v=5XXvF6gqo4E&feature=em-uploademail
ReplyDeletemarket up huge vix flat
ReplyDeletehttps://www.youtube.com/watch?v=VF0_L3LSURo&feature=em-uploademail
ReplyDeletesvxy not even moving
ReplyDeleteI think I will buy a 1st batch of TVIX at the end of the day today
ReplyDeleteYou don't think there's gotta be a Santa Claus rally and a vicks smackdown next week
DeleteI don't know. I'm guessing that we have had the Santa rally. I think the big boys have run it up & got there bonuses. I'm thinking the VIX is not going lower from here & if Jan is a big volatile month & the 20th is a turn day, than this is a good spot for a 1st batch.
Deleteim 100 percent cash
Deletei will wait for a big up or down i dont trade the flat line
DeleteMerry Christmas happy Hanukkah Happy Kwanzaa whatever you guys celebrate joy
DeleteMerry Christmas!
ReplyDeleteMerry Christmas!!!
ReplyDeleteI triple that!
ReplyDeleteUVXY was dropping by leaps and bounds, now it barely moves even when the market goes up...
ReplyDeleteYes, starting to get tired
DeleteDont look like uvxy going to drop to 10 by new years
ReplyDeleteJanuary
Deleteupro looking like a big short soon
ReplyDeleteSVXY is moving slowly but is building a solid base, and because it is just starting to get overbought on the weekly, SVXY likely to rise for several more weeks.
ReplyDeleteWaste of time
ReplyDeleteCash is king looks likesvxy gonnagetslaped here
ReplyDeletesc what is your price target uvxy in january
ReplyDelete$10
DeleteBy jan 6?
DeleteI have very specific dates and timing coming for January.
ReplyDeleteMost excellent
Delete2020 - The moment volatility traders have been waiting so patiently for...
ReplyDeleteI’m excited to see the new charts and dates.
ReplyDeleteSC what are your targets for SPX? When do we see a good decline?
ReplyDeleteMichael, spx goes lower now into about 7 trading days,, then up for new high again,, you will see good decline after Jan..
DeleteThe time is coming michael. I'm just waiting as this rally finishes. A few more weeks yet.
DeleteSC the only thing you own is gbtc correct and at what price will
ReplyDeleteyou be willing to buyu tvix or uvxy thanxs
SVXY long
Deletetarget still 70 on svxy
DeleteYes, or very close to.
Deletei noticed sc you bought uvxy at 65.85 and its not listed on ylour trades
ReplyDeleteScroll down "load more"
Deletegbtc looks like 6.16 bottom of chanel coming
Deleteok thanks didnt see it i have been short this uvxy from 14
ReplyDeleteSVXY 3 drives to the high. The first peak was around Christmas. It's pushing towards the second peak.
ReplyDeleteI'd imagine that Pro Shares wants to reset UVXY. It wouldn't surprise me if UVXY falls below 10 and then they announce the reset.
ReplyDeleteSvxy is not even moving uvxy short i have almost 2 points already
ReplyDeletei just think that svxy is laging here
covered uvxy short here 12.24
ReplyDeleteSc can u please post chart where we r
ReplyDeleteits outright obvious the best thing to do is short the pops on uvxy
ReplyDeleteand tvix tvix droped 10 bucks already Im not saying that will be forever but thats been the trade
Yep Since TVIX $130. https://www.screencast.com/t/PvgGYEt9
DeleteBut it does look like its time to back out of any VIX short vehicles.
DeleteBANG that was the problem
ReplyDeleteThe market will be choppy now for the next 10 days but still working towards a high.
ReplyDeleteThis is setting up beautifully. No reversal yet, but what is happening is momentum is fading.
ReplyDeletei shorted uvxy again at 13.40
ReplyDeleteNo one else going short yet? We might have made a Jan 2nd high...CNN Fear & Greed was at 97 yesterday...
ReplyDeleteWe're getting into the configuration...
DeleteSC - When are you planning on getting long tvix/uvxy/etc? Thanks!
DeleteSoon, about 10 days
DeleteThere we have a little chop as expected
ReplyDeletethis market dont turn around today im out
ReplyDeleteSC: if i have understand well you are waiting the end of this choppy market before buy volatily. So i think is good to buy put options on S&p500 when we have the entry point. In this case the "pull back" could start next week? and if so.. could end at be beginning of february? Around 3100 ?
ReplyDeletemany thanks!!
Yes, we are working towards a high currently. I have a window later this month for volatility and will be posting the charts and timing soon. Plan to position for January volatility with etf and options.
DeleteSpecific targets and timing coming soon...
DeleteDown down down
DeleteSc did u see futures. What now
ReplyDeleteJust a little chop. We go higher.
ReplyDelete3280/330 . How low after that
ReplyDeleteCovered uvxy short
ReplyDeleteHahaha
ReplyDeletehttps://youtu.be/1bDD914rahc
Thanks SC! - Do you have any SPX targets for the high?
DeleteProbably not much higher, maybe 3300.
DeleteJungle in deed, tanking overnight then all time highs in the morning.
ReplyDeleteSC...do you have a new up to date chart for UVXY?
ReplyDeleteor the spx
Thanks
Yes, working on them now.
DeleteSvxy is a slow mover tvix short moves much better
ReplyDeleteSold SVXY $66.70.
ReplyDeleteNot a top yet, but SVXY may dip to $63 here.
ReplyDeleteThe calm period is almost over.
ReplyDeleteLol let's make a few million on the next trade
ReplyDeleteWhen do u see a start of financial crysis? Any targets for dji or s&p befor that? Or date? Some traders expect dji to hit 43k and see that coming not earlier than autumn 2021. What about u?
ReplyDeleteSoon after the election...
DeleteBought TVIX $46.25.
ReplyDeleteSc target price for tvix? 52?
DeleteIf SVXY dips to test the 50dma at $62 TVIX could see $60 on a pop.
DeleteIt's too early for a larger turn, but even for that move this is an fair entry.
Haha I wish it goes to 60 Thou be a big hit
DeleteSo where do u expect spx on this pull back
ReplyDeleteMight see a dip here, still early for the turn we are looking at later.
DeleteAnother fantastic entry
DeleteYou only way to be a short this piece of crap
ReplyDeleteI put 10000 share order in in after market didnt give me 1 share
ReplyDeleteSC, one question. Do you still think VIX may see 7 in 2020? My calculated target for the S&P was 3292.97 (cash), possible 3318.79 around january 17, 2020. But I would not be surprised if one or the other may be reached already by the end of this week.
ReplyDeleteYes, VIX is on pace. Not now but later. This is the year. It's all about volatility.
DeleteVery good. Yes, SPX close to a peak.
https://www.youtube.com/watch?v=zcaFkuYchS0&feature=em-uploademail
ReplyDeleteThanks Louis. I appreciate you posting Peter and The right side as updates become available.
Deletevolume etfs not moving just like oct 3
ReplyDeleteSC : is this the week where the choppy market could end and the down wave on S&p500 could start? So We can see volatily go up ?
ReplyDelete2 weeks are ending...
many thanks...
Expect the turn next week
Deletethis market aint droping the only think thats dropping is uvxy and tvix the only way to make money is to short these etfs when they pop
Deleteonce they announce a signed trade deal market will be over 3300 and then bank earnings will drive this market straight up
Deletetesla got to be a short here mrvl my favorite stock
Deletebought tvix 42.83
Deleteseems like the blog sells up 1 buck when drops 6 does nothin
DeleteSCJanuary 13, 2020 at 6:51 AM
DeleteExpect the turn next week
So why did you buy tvix last week if expecting turn not this week but next?
Ref:
SCJanuary 9, 2020 at 10:00 AM
Bought TVIX $46.25.
Current price $42.55 and falling.
It's all going according to plan. SVXY and UVXY are getting close to the targets.
ReplyDeleteThe Vic's looks like October 2nd 2018
ReplyDeleteAs most of you know I have a rule not to participate in the last move before a turn. Therefore, SVXY is off limits.
ReplyDeleteJust starting to build volatility positions.
haha i have 10000 shares thats enough right now
DeleteAm I able to post a chart here? If so, How do I do it?
ReplyDeletethanks
Yes, you can. There are some programs to post a link. Dropbox for example.
DeleteImgur upload
DeleteSC are you still holding tvix from $46.25?
ReplyDeleteWhat is your plan with that position?
Thanks
Yes, building a position for the turn due next week. Will post the charts with targets.
DeleteFrustrating
DeleteEvery day this piece crap drops
DeleteMany thanks SC - glad to join you!
DeleteWhat the h*** is wrong with this thing shoots up to 42 40 in 2 minutes and crashes and Burns lol
ReplyDeleteExcellent UVXY is in the $10's.
ReplyDeleteYes it is if we held that short you were right what's next
DeleteSVXY forming a classic exhaustion.
ReplyDeleteYes,nice!
DeleteAlthough the market is practically exhausted, it still needs a little more time.
ReplyDeleteI'm expecting a small dip here and a little higher for 4 to 6 days to hit the peak.
Are you expecting UVXY to be closer to $10 or lower?
ReplyDeleteI think it likely will hit $10
ReplyDeleteSc you dont think we hit 12 1st then 10
DeleteYes I agree. We can see that move before anything larger occurs.
DeleteNew chart posted!
ReplyDelete