Volatility Heads Up with a First Break Out

アップデート済
Over the last couple of days, the previous posts have been showing a number of indications from various perspectives about a financial market breakdown, and here we have an essential heads up... VOLATILTIY.

I use the VXX ETN for the metrics it provides, albeit its idiosyncrasies.

August into September, a breakdown into a lower range indicated that a RISK-ON situation was in the equity markets. Since September, this started reversing, rather strongly, and consolidated at the earlier range.

In the past week, Thursday, it gave an real indication of what is forming... a significant Volatility breakout. This first stage break out is seen with the breaking out of a trend line, formed by the 4/1 line of the Gann Fan. This movement is a rather solid candlestick with momentum to boot, and both MACD and VolDiv are crossing up bullishly and breaking into the next upper range.

So, expect a break out of the upper range (orange rectangle), as well as the 8/1 line of the Gann Fan forming the next trend line resistance. When this happens, VXX may be spring boarding to 35, from 26-27 area. That is like a 50% increase in VXX.

Keep a close eye on this... the more the signs point, the more real it becomes.
ノート
Broke out as expected but it was not sustainable, and it broke down so hard, you can tell it is bullish.
Chart PatternsTechnical IndicatorsTrend AnalysisVIX CBOE Volatility IndexVXNVXX

他のメディア:

免責事項