The picture below is a close up of a fly with dew on it in the mornings, by Ondrej Pakan Speaking of a close up view, the VIX is attempting to break support and the 500 is attempting to break resistance in the chart below. CLICK ON CHART TO ENLARGE The VIX has increased 50% in [...]
Why has the 500 Index rallied over 19% in the last 120 days? Was the rally a normal occurrence, due to the circumstances at hand 120 days ago? Yes the size of the gains was typical and I suspect it had a ton to do with the look on the guys face below! The chart below was [...]
CLICK ON CHART TO ENLARGE Is St. Nick the missing ingredient needed to break these key resistance levels in the 500 index and the VIX? The inverted VIX reflects good feelings going into the upcoming Holiday week. Speaking of good feelings, I want to take this moment and wish each of you around the world [...]
Yesterday the “Power of the Pattern” suggested to keep a very close eye on the Dollar, as it was testing support in the “Cup & Handle” pattern (see post here) Below is an update on the Dollars overnight and early morning action. CLICK ON CHART TO ENLARGE The day is very early and could swiftly [...]
CLICK ON CHART TO ENLARGE If you are an aggressive short-term investor, willing to trade quickly, you might like the above Ascending/Descending combo the VIX/500 Index looks to have created over the past few weeks. These patterns are not full proof, yet more often than not this combo leads to higher stock prices and [...]
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