Looks like it's headed towards 30k support again in the near term. Just my opinion. Not investment advice.
IMO Many factors could influence the VIX to spike but I also like to just look at the basic chart. It's ready for another move imo.
Too big to fail??? Or the bigger they are..... Make your own conclusions. Not investment advice.
Nothing has changed in my view at this point. I still think a big shake up is coming and a $VIX spike near or above March 2020 highs. Not investment advice. Just my observations.
First publish! Any input appreciated. Nothing fancy here just some observations about the SPY. Not a long or short recommendation.
Post March 2020 Recovery to ATH zone shows major divergence on the weekly chart. Not investment advice.
Signs of an incoming swing upwards. Move index showing signs of a big volatility spike. UVXY money flow showing money is piling into the hedge as they did back in February 2020. SPY CMF showing the big money has exited (not shown on this chart). Bullish divergence marked on the charts RSI and CMF. Higher lows on Thursday and Friday. Wednesday would have been...
Just some observations about the SPY trend lines since Covid19 caused the economy to shut down in March 2020. Support turned to resistance once already. Currently hanging on to the 2020 bottom support line. Will that break and become resistance? We shall see. Good luck to all! Not investment advice. I am not an expert.
Not investment advice. I am not an expert. Things could be shaping up for a long overdue test of the 200 Day EMA. The dip buying has been furious the past several weeks. Have those buyers been exhausted? We will find out. Good luck to all.
Not investment advice. I am not an expert. Just some observations about chart patterns. Many similarities right now to moments before recent corrections (2018-present).
Not investment advice. I am not an expert. Anything can happen. If it weren't for 7 of the top 10 weighted SPX stocks being up today, there would have been an absolute blood bath today. We'll see what tomorrow brings.