Saturday, June 16, 2018 4:37:06 PM
Daily $SPX repost...why UVXY isn't higher...
$SPX chart has a 10,2 Bollinger Band inside a 50,2 doubleBollinger Band and the Kaufman KAMA moving average which I call the waterline.
Price above the waterline says the Bulls are in charge. Looking at this waterline...price would have to push below 2750/2745 for the Bulls to get very anxious or more anxious then they normally are...
Another observation for the bearish side is PRICE was very overbought when PRICE was outside the 50,2 upperBand. Could this cause an added push to the downside...? maybe...maybe a "mean reversion" thing down to the 50 day average...to start...would be fun.
So... UVXY is volatility brought on by anxiety (actually its price and how options on futures are priced which reflects the anxiety)...for now it is very low and it's doubtful the Market will get very anxious until price is below 2750 level. Bulls think they're still in control although price really has gone NoWhere for the last 4 months...Bulls couldn't even take back the 2800 level...Bears win but still go home broke on Fridays..
Price is down from 2790 and UVXY hasn't really kicked in...The ratio graph with a 10day average may signal an increase in volatility with price below the 10 day average... $SPX:UVXY graph....this may be the trigger that starts to show a better increase in UVXYplus a lot of patience...
Daily...stochastics 10,3 need to get more involved...
$SPX chart has a 10,2 Bollinger Band inside a 50,2 doubleBollinger Band and the Kaufman KAMA moving average which I call the waterline.
Price above the waterline says the Bulls are in charge. Looking at this waterline...price would have to push below 2750/2745 for the Bulls to get very anxious or more anxious then they normally are...
Another observation for the bearish side is PRICE was very overbought when PRICE was outside the 50,2 upperBand. Could this cause an added push to the downside...? maybe...maybe a "mean reversion" thing down to the 50 day average...to start...would be fun.
So... UVXY is volatility brought on by anxiety (actually its price and how options on futures are priced which reflects the anxiety)...for now it is very low and it's doubtful the Market will get very anxious until price is below 2750 level. Bulls think they're still in control although price really has gone NoWhere for the last 4 months...Bulls couldn't even take back the 2800 level...Bears win but still go home broke on Fridays..
Price is down from 2790 and UVXY hasn't really kicked in...The ratio graph with a 10day average may signal an increase in volatility with price below the 10 day average... $SPX:UVXY graph....this may be the trigger that starts to show a better increase in UVXYplus a lot of patience...
Daily...stochastics 10,3 need to get more involved...
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