{"id":17448,"date":"2022-01-18T13:14:24","date_gmt":"2022-01-18T21:14:24","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=17448"},"modified":"2022-01-18T13:14:24","modified_gmt":"2022-01-18T21:14:24","slug":"taking-clues-from-the-vix-support-and-resistance-levels-1-19-2022","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/taking-clues-from-the-vix-support-and-resistance-levels-1-19-2022\/","title":{"rendered":"Taking Clues from the VIX &#038; Support and Resistance Levels 1.19.2022"},"content":{"rendered":"<div align=\"center\">\n<div align=\"justify\">\n<div><\/div>\n<div>\n<div align=\"justify\">\n<div><\/div>\n<div style=\"text-align: center;\" align=\"justify\">\n<div align=\"center\">Get Real Time updates and\u00a0more on our private FB group!<\/div>\n<div align=\"center\"><a href=\"http:\/\/r20.rs6.net\/tn.jsp?f=001KRg6On04gjknOfysn89cEhkyXgAxXigZc1_AdekBblRz4Cwp2yofkpGH8rpms9Q30D0wjhFS1q8yG11pQf1KRy2bpIyH4uwMgzWcI-wb74TdqgA-DQitbpTeoWmib8qwdH8ve86kM_6EWihst10TitotvFRrtw2C0HgnNGJLkXUXb6ec7AaQGNxU6EuLQxHI&amp;c=&amp;ch=\" target=\"_blank\" rel=\"noopener noreferrer\">https:\/\/business.facebook.com\/groups\/1105191589938254\/<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div align=\"center\"><\/div>\n<h3><\/h3>\n<div style=\"text-align: center;\"><\/div>\n<div align=\"center\">\n<div style=\"text-align: center;\" align=\"justify\"><\/div>\n<\/div>\n<div style=\"text-align: center;\">\n<h1>Correlational Observations of\u00a0Indices Market Behavior.<\/h1>\n<h1>VIX Volatility futures Index.<\/h1>\n<div>By John Thorpe, Senior Broker<\/div>\n<div align=\"center\"><\/div>\n<div><\/div>\n<div>\n<div><a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/indices\/SP-VIX-Volatility-Index-Futures\">VIX futures<\/a> expiration is a monthly occurrence. The expiration is somewhat varied, the remaining 2021 schedule is included below, typically, middle of the month on Wednesday mornings. Take a look at your daily chart for any of the indices and you see the sell offs during the week of or the week prior to <a href=\"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/vix-stock-index-trading-signals-support-and-resistance-levels-7-22-2021\/\">VIX<\/a><\/div>\n<div>\u00a0expiration days.<\/div>\n<div><\/div>\n<div>My belief is there would be a smaller probability of a correlational relationship during a Bear stock market, However, Since we are in the 12th year of a bull market, I believe the underling price action is created by portfolio managers rolling their hedges and adjusting their risk for the coming month. They often use the week prior to Short the VIX at higher prices (lower equity index prices) for the first week of the new <a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/indices\/SP-VIX-Volatility-Index-Futures\">VIX<\/a> contract month as they are buying back their old contract shorts pushing the VIX prices higher, thereby pushing negative sentiment into the marketplace. If there are more extreme price movements in their favor, they will elect to have the hedges expire to cash as the contracts are financially settled.<\/div>\n<\/div>\n<\/div>\n<div><\/div>\n<div>\n<div style=\"text-align: center;\">Coincidentally, to the recent market sell off January VIX expires Wednesday morning 19th at 8:00 a.m. CDT<\/div>\n<div style=\"text-align: center;\"><\/div>\n<div style=\"text-align: center;\">19 January 2022<\/div>\n<div style=\"text-align: center;\">16 February 2022<\/div>\n<div style=\"text-align: center;\">15 March 2022 (Tuesday, due to Good Friday on 15 April 2022)<\/div>\n<div style=\"text-align: center;\">20 April 2022<\/div>\n<div style=\"text-align: center;\">18 May 2022<\/div>\n<div style=\"text-align: center;\">15 June 2022<\/div>\n<div style=\"text-align: center;\">20 July 2022<\/div>\n<div style=\"text-align: center;\">17 August 2022<\/div>\n<div style=\"text-align: center;\">21 September 2022<\/div>\n<div style=\"text-align: center;\">19 October 2022<\/div>\n<div style=\"text-align: center;\">16 November 2022<\/div>\n<div style=\"text-align: center;\">21 December 2022<\/div>\n<\/div>\n<p style=\"text-align: center;\">\n<p>Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.\u00a0 You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time when it comes to Futures Trading.<\/p>\n<p>&nbsp;<\/p>\n<h3><strong>Futures Trading Levels<\/strong><\/h3>\n<p>01-19-2022<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" title=\"Support and Resistance Levels 1.18.2022\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/e104af0b-bc6e-4b97-af82-c528c711a956.png\" alt=\"Support and Resistance Levels 1.18.2022\" width=\"692\" height=\"636\" \/><\/p>\n<h3><a href=\"http:\/\/www.forexfactory.com\/\" target=\"_blank\" rel=\"noopener\"><br \/>\n<\/a><strong>Economic Reports, Source:\u00a0<\/strong><\/h3>\n<p><a href=\"https:\/\/bettertrader.co\/\" target=\"_blank\" rel=\"noopener\">https:\/\/bettertrader.co\/\u00a0<\/a><\/p>\n<div class=\"pagearrange__layout-row full\" data-row=\"1\">\n<div class=\"pagearrange__layout-column pagearrange__layout-column--full full\" data-column=\"0\">\n<div class=\"pagearrange__layout-cell\" data-cell=\"0\" data-compid=\"Calendar_Copy1\">\n<div class=\"flexShell\">\n<div id=\"flexBox_flex_calendar_mainCalCopy1\" class=\"flexBox calendar\" data-more=\"0\" data-initcallback=\"calendar\" data-updatecallback=\"calendar\" data-visiblejs=\"[]\" data-disablejs=\"[]\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" title=\"BetterTrader Economic Indicators 1.18.2022\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/7e308ba0-c7c7-45c9-a3bf-d1ee88a18fad.png\" alt=\"BetterTrader Economic Indicators 1.18.2022\" width=\"600\" height=\"504\" \/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<p>This is not a solicitation of any order to buy or sell, but a current market view provided by\u00a0<a href=\"https:\/\/www.cannontrading.com\/company\/about\">Cannon Trading Inc<\/a>. Any statement of facts\u00a0here in\u00a0contained are derived from sources believed to be\u00a0reliable,\u00a0but are not guaranteed as to\u00a0accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own\u00a0judgement\u00a0in trading.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Get Real Time updates and\u00a0more on our private FB group! https:\/\/business.facebook.com\/groups\/1105191589938254\/ Correlational Observations of\u00a0Indices Market Behavior. VIX Volatility futures Index. By John Thorpe, Senior Broker VIX futures expiration is a monthly occurrence. The expiration is somewhat varied, the remaining 2021 schedule is included below, typically, middle of the month on Wednesday mornings. Take a look [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67],"tags":[811,428,1416,1440,1452],"class_list":["post-17448","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","tag-day-trading-101","tag-day-trading-concepts","tag-deep-discount-futures","tag-vix","tag-vix-futures"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17448","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/comments?post=17448"}],"version-history":[{"count":1,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17448\/revisions"}],"predecessor-version":[{"id":17451,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/17448\/revisions\/17451"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=17448"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=17448"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=17448"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}