VIX on the verge on a momentous move?

2023年9月15日

The VIX has been accumulating in the blue rectangle for 4 months and I expect to see some reaction from the lows, coinciding with the arc.

VIX has been beaten hard recently and has been trading extremely low. Only the beginning of 2020 did we see lows similar to this.

This is not trading advice, just an idea.

Cheers, and good luck!

2023年9月15日

注释

H&S on NL25. Similar set up to the one in Jan 22' where we saw a great correction.

2023年9月15日

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DAX Index with a great H&S, within a H&S.

2023年9月15日

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So is the EUR50 index too.

2023年9月15日

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We've seen many H&S set ups in the past, only to be bear traps. However, with so many indexes aligned, alongside the VIX being at the lowest point in over 3 years, I can only be sceptical with the current bounce in the market.

IMO, we'll see a pretty huge correction, before making ATH again. Before we see a true market crash once rates begin to be cut.

2023年9月15日

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Another thing to note is the bullish divergence of multiple time frames on VIX, as per below.

4hr -

Weekly -

2023年9月19日

交易开始

Moving as predicted by charting. H&S has now developed on the VIX as per below:

2023年9月19日

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H&S is now also visible on the SPX -

2023年9月21日

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Breakout of the H&S, expect the gap to be filled and structure retested before moving further up.

2023年9月22日

交易开始

Broke out of the H&S structure spectacularly and on the way to the diagonal trendline where I would expect a potential correction. However, if this is the big sell then we can expect this to smash through it.

2023年9月22日

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NL25 has breached the H&S

2023年9月22日

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DAX also has the smaller H&S in play and is approaching the larger one.

2023年9月25日

交易开始

It has now reached our diagonal trendline as well as the 200 daily EMA.

You would expect a slight correction around this area, but after looking at the indexes, it seems that they're all breaking down out of their patterns.

2023年10月25日

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Expecting a substantial correction back down again.

Please see my latest SPX post.

2023年11月7日

交易开始

Going according to plan.

It has recently tested the arc again, from which I expect a reaction up, meaning that the stock markets should be going down.