The bearish cycle is week on a daily chart. On a 15min chart bears are trying to push down, 1h VXO to the right. 1400 is support and 1420 is resistance.
Very strong day today. Not sure yet about next monday, guessing on a +-0 or a smaller pullback right now. However, there is more on the upside unless there is some unexpected bad news over the [...]
As promised, here some shorter time frame charts. Let’s start with a 60min SPY chart. The pace of this move can not continue forever (~+350% on a yearly basis). Combined with the climax up, [...]
