Negative divergence on RSI indicates that some bit of cool down may take place before resume of upmove in volatility. Break of RSI failure should be observed for confirmation. Option writing can be done who can take high risk and do not want to wait for RSI failure breakout. 80-40 rule of RSI must be remembered while observing CBOE VIX.
However, a spike till 70 can't be ruled out.
.. it can stay within this compression till September. Hopefully Not. Quite coincidentally, US Elections are in November.
VIP Industries in recent weeks is in a sideways trend since February. Taking a broader look we could find the price action is forming lower highs and higher lows leading to a triangle pattern. Currently, the stock looks to be in the middle of both the patterns and only a breakout could give us a clue on next big swing. It would be wise to get in if either 485 or...
Technical analysis: . Viberate/Ethereum is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 45. . The RSI downtrend is broken, so the probability of the resumption of an uptrend is increased. Trading suggestion: . There is a possibility of temporary...
Technical analysis: . VIBERATE/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 49. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00017000 to 0.00014900). if so, traders can set orders based on...
Technical analysis: . VIBERATE/BITCOIN is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 55. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.00000765 to 0.00000588). if so, traders can set orders based on...
Both SP500 and NIFTY have displayed a similar pattern in the past 1 year and now both are at the edge of the previous tops. combine this with the fact that VIX is at near lows, we are all set for potential volatility in the weeks ahead.
VIP INDUSTRIES NSE: VIPIND : LONG Support at 9 DEMA 437-438 levels, if it crosses and sustains above it , buy above 438, target- 455 sl- 410
Volatility is back in the markets after a while and does not look like it will cool off anytime soon. Another series of spikes is expected which can take INDIA VIX to 25. Weekly chart of the volatility index shows the range between 16-25 for coming months. High VIX = Inflated premiums on option contracts. For beginners , India VIX is a volatility index...
VIB Forming A Inverse Head And Shoulder Pattern Expecting breakout for target 810 And You Can hold it for 1000+ It May Be Come down due to lack of volume
Technical analysis: . VIBERATE/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 54. . While the RSI and the price uptrend in the Daily chart are not broken, bullish wave in price would continue . . The price downtrend in the daily chart is broken, so...