Posted by timebandit on 19th of Apr 2023 at 03:36 pm
I have been studying this $VVIX:$VIX ratio for awhile now and
still not sure how to use it, though I think it is worth following
until I do. As you can see, the ratio broke out of a bull pennant
last week and made a major upthrust. The RSI also broke out of a
triangle. My working assumption is this is a bullish indication and
that after a correction the markets will head higher. But as I
said, it's just a hypothesis that I am tracking to see how it plays
out.
the VVIX/VIX ratio is obviously way outside its Bollinger Bands,
that said, it tends to move with the SPX. In early March it started
moving higher before the SPX, and in Aug topped before the SPX, so
gave early clues. With it way outside it's Bands now, might soon
pull in the the SPX would follow
Posted by timebandit on 21st of Apr 2023 at 03:48 pm
I agree. I don't know what to do with that indicator other than
note that it is really out of whack and getting more so. I think it
will correct soon, but what that means for the markets, I don't
know. To me, it is just a signal that we are probably near an
inflection point. Use other stuff to tell you what to do with
it.
VVIX is ramping as traders are buying out month protection (June
mostly) on the the VIX. Why? due to big earnings
upcoming as well as this debt ceiling debacle
I have been studying this
Posted by timebandit on 19th of Apr 2023 at 03:36 pm
I have been studying this $VVIX:$VIX ratio for awhile now and still not sure how to use it, though I think it is worth following until I do. As you can see, the ratio broke out of a bull pennant last week and made a major upthrust. The RSI also broke out of a triangle. My working assumption is this is a bullish indication and that after a correction the markets will head higher. But as I said, it's just a hypothesis that I am tracking to see how it plays out.
Its from a quant I
Posted by simple_million on 19th of Apr 2023 at 04:14 pm
Its from a quant I used to follow, down usually means risk off. I like it a little better than HYG for divergences. Momentum divergence works as well
the VVIX/VIX ratio is obviously
Posted by matt on 19th of Apr 2023 at 04:07 pm
the VVIX/VIX ratio is obviously way outside its Bollinger Bands, that said, it tends to move with the SPX. In early March it started moving higher before the SPX, and in Aug topped before the SPX, so gave early clues. With it way outside it's Bands now, might soon pull in the the SPX would follow
With the VVIX/VIX way outside
Posted by EdZ on 21st of Apr 2023 at 03:43 pm
With the VVIX/VIX way outside the BB are we looking at a move higher or lower? It seems higher.
I agree. I don't know
Posted by timebandit on 21st of Apr 2023 at 03:48 pm
I agree. I don't know what to do with that indicator other than note that it is really out of whack and getting more so. I think it will correct soon, but what that means for the markets, I don't know. To me, it is just a signal that we are probably near an inflection point. Use other stuff to tell you what to do with it.
VVIX is ramping as traders
Posted by steve on 21st of Apr 2023 at 03:51 pm
VVIX is ramping as traders are buying out month protection (June mostly) on the the VIX. Why? due to big earnings upcoming as well as this debt ceiling debacle
Thanks Steve.
Posted by EdZ on 21st of Apr 2023 at 03:51 pm
Thanks Steve.
YW Ed
Posted by steve on 21st of Apr 2023 at 03:59 pm
YW Ed
Focus on price action and
Posted by steve on 21st of Apr 2023 at 03:45 pm
Focus on price action and not all those damn indicators - my advice (take heed)
Adding bands to it is
Posted by timebandit on 19th of Apr 2023 at 05:34 pm
Adding bands to it is a great idea, Matt.
Simple_million, I really like that look. I'll play around with that