In this super volatile market, not many are pointing out this potential massive play. My TA gave me strong signals of the validity of this opportunity, but the recent influx of available capital in the U.S. to support a strong rally beefs up my sentiment. Also I've analyzed that over the last 6 months we have only had THREE bearish mondays, all with a loss between...
We see strong potential for a quick move in VIX. Chart has my technical analysis, but I'll more-so biased to an upside if the symmetrical triangle is the scenario. Hope you guys can read into this action more and find a play.
Here is my Elliot Wave count for the DJI that I'm quite confident on and that I've been watching for a while. By my count we are still a Wave 4 of a greater Wave A correction. We continue trying to breakout above the 200 EMA on the hourly. I think we are going to see big rejection soon, especially if we manage to hit the 0.65 fib retracement level. The MACD...
