[UVXY] Volatility Matrix: Firing On All Cylinders.. 2W Forecast!
My Volatility Matrix model is indicating high odds of an incoming volatility spike.
We're lookin for a confirm with break and close above the yellow line.
Meanwhile we have this cool data supporting a high chance of volatility:
1. UVXY: 1 x LB, 9 x Entry Window, 2 x SBs straddling 1 x SS, 1 x LL (Very Bullish)
2. VIX: 1 x LB, 1 x SB, 2 x LL (Very Bullish)
3. VVIX: 1 x LB, 2 x SBs straddling 1 x SS, 1 x LL opposing 1 x HH (Bullish)
4. VXN: 1 x LB canceled by LS, 2 x SBs straddling 1 x SS, 2 x LLs (Slightly Bullish)
We will most likely hit one if not, both TPs (gold lines) within the next two weeks.
Purple line will almost certainly reject Price strongly being the core 6 month S/R and push it into another falling wedge leading up to another bigger volatility spike as that wedge gets tighter and tighter against the medium strength white horizontal S/R. However, if it does get above, expect very quick retracement, can be used as a 3rd TP.
Happy harvests! B)
We're lookin for a confirm with break and close above the yellow line.
Meanwhile we have this cool data supporting a high chance of volatility:
1. UVXY: 1 x LB, 9 x Entry Window, 2 x SBs straddling 1 x SS, 1 x LL (Very Bullish)
2. VIX: 1 x LB, 1 x SB, 2 x LL (Very Bullish)
3. VVIX: 1 x LB, 2 x SBs straddling 1 x SS, 1 x LL opposing 1 x HH (Bullish)
4. VXN: 1 x LB canceled by LS, 2 x SBs straddling 1 x SS, 2 x LLs (Slightly Bullish)
We will most likely hit one if not, both TPs (gold lines) within the next two weeks.
Purple line will almost certainly reject Price strongly being the core 6 month S/R and push it into another falling wedge leading up to another bigger volatility spike as that wedge gets tighter and tighter against the medium strength white horizontal S/R. However, if it does get above, expect very quick retracement, can be used as a 3rd TP.
Happy harvests! B)
Ghi chú
Got a SS on VVIX but got a LB confirm on VXN. Volatility landscape is thereby slightly more bullish today...
Data analyst with a passion for best fit lines B)
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Data analyst with a passion for best fit lines B)
Bài đăng liên quan
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.