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Case For a Complex Bottom in VIX

Just needs to hold 11.02

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#1 SemiBizz

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Posted 22 August 2016 - 10:05 AM

Using Volume Analysis of VIX Tracking ETFs we have a case for a complex bottom in VIX..

 

My apologies, this crappy chart is missing the volume for the low on the 9th for VXX (so I drew one in), since VIX itself has no volume measurement we substitute the volume with the volume from the VXX ETF (results similar when using UVXY). We had high volume on the 9th... you can look at your own chart to verify.

VIX has tried to break that low on lighter volume, on STRONGER VOLUME resulting in "Null Tests" (failure to test/break pivot on stronger volume) and even gap-downs... nothing has been able to break/test that 9th low on VIX and these ETFs...

If they can't break em down, they are going to break higher, probably sharply higher...

So this is the case for a complex bottom in VIX

Chart:

 

gallery_4_1_9564.png
 


Edited by SemiBizz, 22 August 2016 - 10:10 AM.

Price and Volume Forensics Specialist

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Volume is the only vote that matters... the ultimate sentiment poll.

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#2 Rogerdodger

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Posted 22 August 2016 - 10:15 AM

It all looks very suspiciously manipulated as never before.

 

Someone posted the Sandy Jadeja warning about Aug 26-30, 2016.

Elephants never forget...But I write them down just for fun.

If it's as bad as all of the rest of the "end of the world" warnings...no one will notice. LOL!

 

The man who accurately predicted 4 market crashes told us 3 more dates to worry about this year


Edited by Rogerdodger, 22 August 2016 - 10:19 AM.


#3 tommyt

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Posted 22 August 2016 - 10:19 AM

"Using Volume Analysis of VIX Tracking ETFs we have a case for a complex bottom in VIX."

 

I agree Semi, its just waiting for a spark, there will be vol in Sept/Oct.



#4 kssmibotm

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Posted 22 August 2016 - 10:46 AM

My system could give a VIX buy signal today depending on the close.  I am looking at the Oct VIX 16-21 call spread, currently selling at $1.20.  Just hedging my long position.



People think the Holy Grail is something looked for but never found. In fact, it is something often found but rarely recognized.

#5 SemiBizz

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Posted 22 August 2016 - 10:57 AM

Speaking of Volatility...

 

Germany Warns Citizens To Stockpile Food, Water In Case Of Attack
 
The German government will soon require residents to stockpile food and water in case of an attack, according to a plan leaked to the press.


 




 

Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#6 dasein

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Posted 22 August 2016 - 01:26 PM

trying to verify that Semi

 

http://www.swissinfo...---fas/42388034


best,
klh

#7 kssmibotm

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Posted 22 August 2016 - 04:51 PM

My system could give a VIX buy signal today depending on the close.  I am looking at the Oct VIX 16-21 call spread, currently selling at $1.20.  Just hedging my long position.

 

No signal today.  The VIX faded and so did the signal.  Maybe in the next day or two.



People think the Holy Grail is something looked for but never found. In fact, it is something often found but rarely recognized.