The Energy sector is likely to see a pullback shortly. Oil has overheated, with up 8 days consecutively.
DRIP entry soon for short term. Expect chop.
60min
Since I don't have the luxury to trade UVXY (forbidden in my country), I would be pleased to hear from you about the range you expect VIX to bottom. Because the VIX, that one I can trade
DRIP may slide down the pink line a little to give a nice entry.
ReplyDeleteAlso watch RIG. RIG failed with lower high from January. Warning sign.
ReplyDeleteWhat price on Drip u will enter
ReplyDeleteLet's watch here. Still may be early. Just starting to look shaky.
Deletesc,
ReplyDeleteare you looking for a yearly cup --higher!
or sell off!
I'm expecting energy stocks to pullback next.
ReplyDeleteAfter pullback, later energy short squeeze.
DeleteSo market will pull back and higher
ReplyDeleteSc u still not buying uvxy or vxx
ReplyDeleteNo not yet
DeleteSPX still moving higher according to the model.
ReplyDeleteReason is Oil at $60 puts pressure on SPX. Pullback in Oil actually relieves pressure on SPX.
that sure looks like a capitulation type of volume for uvxy...
ReplyDeleteWow...
Someone dropped massive amounts of uvxy in the last few mins...
VIX nosedived in the last minutes
DeleteWhat the hell is that!
ReplyDeleteSc vix cont. Feb - March 17 per, march-april 7 per, after that 1 per
ReplyDeleteAre you talking about contango here? Thank you!
DeleteSince I don't have the luxury to trade UVXY (forbidden in my country), I would be pleased to hear from you about the range you expect VIX to bottom. Because the VIX, that one I can trade
ReplyDeleteVXX is another one. It's an etf as opposed to VIX itself which is a futures contract.
DeleteWhat country I'd that
Delete18 VIX is the number to watch. There's a gap from February 2020 at that level and the VIX weekly 200 also 18.42.
DeleteThanks SC, and Louis, it is the Netherlands
ReplyDeleteContango is quite steep in February for VIX futures. March there is some contango but it levels off. Then flat
ReplyDeleteGood. DRIP has settled down. Let's see if it can get oversold
ReplyDeletejesus christ.. uvxy is getting decimated...
ReplyDeleteyikes...
looks like im bag holding for a while from 11
ugh
Oh no!
DeleteProbably not as bad as it looks Sami. Long weekend. UVXY does this on long weekends.
DeleteThe mysterious VIX drop yesterday. SPX recovers overnight. Miraculous lol
DeleteSc vix 20.23, uvxy 9.44
ReplyDelete"Hedge funds short energy more than anything else in their portfolio"
ReplyDeletehttps://youtu.be/ZJE8qeH_gRU
Hellooo Reddit!!!
Deleted
ReplyDeleteSC, everyone expects that vix fill the gap at 18, maybe it is the surprise and it does not fill it and it goes up to 50 or more
DeleteSpecial Update coming Charles!
DeleteThe moment is coming Charles soon! Standby.
Deletesc,
ReplyDeleteI am hoping we get the update before Tuesday morning trading
or do we have more time?
Special Update posted!
ReplyDelete