How the (VIXY) price action is used to our Advantage
February 04, 2024, 03:42 am ET, BY THOMAS KEE- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for VIXY
- Buy VIXY slightly over 11.31 target 16.37 stop loss @ 11.28 Details
The technical summary data tells us to buy VIXY near 11.31 with an upside target of 16.37. This data also tells us to set a stop loss @ 11.28 to protect against excessive loss in case the stock begins to move against the trade. 11.31 is the first level of support below 14.9 , and by rule, any test of support is a buy signal. In this case, support 11.31 is being tested, a buy signal would exist.
- Short VIXY slightly under 16.37, target 11.31, stop loss @ 16.42 Details
The technical summary data is suggesting a short of VIXY as it gets near 16.37 with a downside target of 11.31. We should have a stop loss in place at 16.42though. 16.37 is the first level of resistance above 14.9, and by rule, any test of resistance is a short signal. In this case, if resistance 16.37 is being tested, a short signal would exist.
Swing Trading Plans for VIXY
- Buy VIXY slightly over 16.37, target n/a, Stop Loss @ 16.32 Details
If 16.37 begins to break higher, the technical summary data tells us to buy VIXY just slightly over 16.37, with an upside target of n/a. The data also tells us to set a stop loss @ 16.32 in case the stock turns against the trade. 16.37 is the first level of resistance above 14.9, and by rule, any break above resistance is a buy signal. In this case, 16.37, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short VIXY slightly near 16.37, target 14.87, Stop Loss @ 16.42. Details
The technical summary data is suggesting a short of VIXY if it tests 16.37 with a downside target of 14.87. We should have a stop loss in place at 16.42 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 16.37, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for VIXY
- Buy VIXY slightly over 15.1, target 16.37, Stop Loss @ 15.06 Details
If 15.1 begins to break higher, the technical summary data tells us to buy VIXY just slightly over 15.1, with an upside target of 16.37. The data also tells us to set a stop loss @ 15.06 in case the stock turns against the trade. 15.1 is the first level of resistance above 14.9, and by rule, any break above resistance is a buy signal. In this case, 15.1, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short VIXY slightly near 15.1, target 14.87, Stop Loss @ 15.14. Details
The technical summary data is suggesting a short of VIXY if it tests 15.1 with a downside target of 14.87. We should have a stop loss in place at 15.14 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 15.1, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Proshares Vix Short-term Futures Etf (VIXY) available here: VIXY.
VIXY Ratings for February 04:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Neutral |
Weak |
| P1 |
0 |
0 |
7.49 |
| P2 |
14.69 |
13.87 |
11.31 |
| P3 |
15.1 |
14.87 |
16.37 |
AI Generated Signals for VIXY
Blue = Current Price
Red= Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Instructions:Click the Get Real Time Updates button below.
In the login prompt, select forgot username
Type the email you use for Factset
Use the user/pass you receive to login
You will have 24/7 access to real time updates.
From then on you can just click to get the real time update whenever you want.
GET REAL TIME UPDATES
Our Market Crash Leading Indicator isEvitar Corte.
Evitar Corte warned of market crash risk four times since 2000.
It identified the Internet Debacle before it happened.
It identified the Credit Crisis before it happened.
It identified the Corona Crash too.
See what Evitar Corte is Saying Now.
Get Notified When our Ratings Change:Take a Trial
Our job as #investors is to pay attention to the #stocks we own. Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The Proshares Vix Short-term Futures Etf (NASDAQ: VIXY) data table below can help you with price action, and we have more details too. Trading plans for VIXY are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for VIXY:
pool ads
