vix

We had a strong rebound from “magical” 1600 + EMA50. Below a chart guesstimate on daily SPX MA20 is now first resistance and I estimate that it will not go straight through. Close [...]

Not much writing but here comes some charts. First off SPY daily, good positive volume flow. Getting far away from its daily moving average 200 though. IWM daily, also very positive volume flow. [...]

Interesting action yesterday on SPX, have not had time to go through what happened yet but here is what I see on VIX. Below daily VIX chart with MA20 & EMA20. Note that when both these [...]

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.

Bulls managed to stay above 1400 which I mentioned as an important level for this weeks close. This is obviously a good thing. I will not do much writing, I’ll let the charts speak for [...]

I will not do much writing since the charts should speak for them selves.  NYUD – look at the huge accumulation, 3-year record high. Also note NYUD negative divergence with price. The [...]

I misjudged the range yesterday, I didn’t expect 1380 to be taken out that fast. The good news, both short and mid term trend is now bullish. The bad news is, well.., that it makes me [...]