Friday, June 26, 2020

CCL - Carnival Stock to Pop

Carnival stock may see strength into July.  It is one of the last reopening trades left. 

The reopening trade in SPX has already taken it's course, that optimism shifted into Oil, and now in the last phase speculative stock such as Carnival. 

The stock is trading near orange channel support. 


Tuesday, June 23, 2020

UVXY - Mean Reversion

UVXY is approaching support soon. 

This is a good example of mean reversion and UVXY is likely to revert to the mean once again.

60min Chart

Thursday, June 11, 2020

$SPX - Summer Targets and Timing

SPX plunged off the June 9th turn date.  However, with June 12th turn date tomorrow a low is due.  Monday may be the best day for a low.

Then SPX likely to be choppy for several weeks as it consolidates for the next run.

Timing is suggesting heating up in later June, and into July 4th and July 15th then selloff into August 7th.


Tuesday, June 9, 2020

TVIX - Price and Time

TVIX hit support exactly and climbed.  The price spiked on the turn date of June 9th.

It moves with precision price and timing.

30min Chart

Friday, May 22, 2020

$VIX - Gap Support

Markets are heading into a holiday week.  Typically this means quiet markets.

SPX is very weak, but also trading in a tight range.  VIX has orange rectangle support at 24 and a large gap at 22 which may be tested.

Daily Chart

Thursday, May 14, 2020

TVIX - Get Ready!

TVIX has been consolidating and appears to be getting ready for another Volatility spike.  TVIX should fall next week to test the main support.

Price and Time have come together this month of May.


30min Chart

Tuesday, April 21, 2020

$SPX - April Timing

SPX made a high at April 14th turn date.  A fractional higher high shortly thereafter was seen, and then SPX declined.  The next low due April 23rd.

There are a number of dates to watch for April and May.

60min Chart