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$VIX MACD Trend


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#1 gm_general

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Posted 15 October 2022 - 03:20 PM

I noticed this $VIX MACD resistance line (see upper chart below) which was broken to the upside (logically) when the $SPX MACD broke its support line to the downside - both crosses occurred Sep 27. However, though $SPX MACD (see lower chart) has moved back above the support line Oct 5 and still remains there, $VIX MACD touched what is now support on Oct 6 and still remains above it.
 
The 4 $VIX peaks are
1 - 2021/12/03 - 3 day $SPX rally followed
2 - 2022/01/27 - 4 day $SPX rally followed
3 - 2022/03/08 - $SPX did not go lower, rallied hard 3/15 - 29
4 - 2022/05/02 - 2 day $SPX rally followed then down hard on strange VIX capping
 
IMO $VIX MACD would have to cross below the line to confirm a coming rally.
 


#2 K Wave

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Posted 15 October 2022 - 09:50 PM

Yep, if Bears don't take it down hard soon, probably on Monday, they may have run out of time for now.

But if they do...we could see rapid escalation downside.

BiG pivot zone right here..

Edited by K Wave, 15 October 2022 - 09:50 PM.

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#3 Waver

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Posted 15 October 2022 - 11:04 PM

Yep, if Bears don't take it down hard soon, probably on Monday, they may have run out of time for now.

But if they do...we could see rapid escalation downside.

BiG pivot zone right here..


Very true
Its really big moment here

#4 pdx5

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Posted 18 October 2022 - 08:23 PM

I have a different opinion.
Inflation will not come down until federal funds rate is equal or greater than inflation.
There is a lot of economic pain coming up. Price of diesel is a big factor why inflation will stay high. This country runs on diesel fuel. 2023 corporate profits will be a shock.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule