This seems like a no brainer long above 406. Goodluck.
IWM descending channel resistance
$IXIC Nasdaq Composite now vs. then 2021. Notice the resemblance to channel support/resistances aligned with the bubble spike above channel between the two charts and then notice the 8month MA (yellow) vs. 50month MA (red). The chart is extremely earie, and you need to take notice. Current: Then (2021):
TLT appears to be bottoming/finding support. This also suggests that rates may be finding a top soon. But I do not expect stocks to reap the rewards thereof, as I expect Bonds to get bought up as a form of safety very very soon.
$AMD trade plan, we may see it test anywhere from 92 to 87 but it reports earnings on 4/26 which I have a hard time believing at it's valuation it would not get bought up into earnings. Thus, I am loading the $110 strike 4/29 calls that capture earnings. Gluck!
Not sure, but it found Log chart parallel channel support. Goodluck, earnings in about 15 sessions.
No free lunch here, only a shared perspective to be on watch for.. January vs. now $VXN setup.
Just an idea, but has sub 15 p/e and should be extra profitable this year..
The key levels seem to be 4280, 4260, 4250 (Vwap from low), 4230, and the prior low.
Long-term channel
Goodluck.
My view of time-cycles looking at the VIX using the weekly view.
(Opinion Only) Could be direct move or take a few days, not advice. Just my interpretation of the chart.
(Opinion only)
(Opinion only) Trade at your own risk.