Finding the edge in analyzing unique market Cycles.
What's the level for the first white point, around $31?
Yes, XIV is testing the pink resistance $31. Expect a dip to $30, and up to $32 next week. Then $27.
sc you still holding uvxy it is splitting on the 25th of july
Planning to load up next week.
are you loading up after split or before
After, around July 28th.
VIX has tested long term trendline support going back to 2014!
Another all time high SPX:VIX ratio185! CRAZY!!!http://stockcharts.com/h-sc/ui?s=$SPX:$VIX&p=M&st=1989-03-16&en=%28today%29&id=p56596247166&a=296187083&r=1363776061098&cmd=printi am adding to uvxy every single week. More they pump this the harder/faster the drops gonna be
how are you monitoring the spx vix ratio
See link above Louis
You will notice last time we made new ATH on the spx:vix ratio was last summer 173....then August crash with Vix 50+
Not going below June highs. Absolutely not.
2200 then 2134 then much higher until September most likely.
i was thinking 2150 then 2250 by aug first week if we get to 2134 i will buy aggressively
Nice call on XIV $31 to $30, $32 next or needs to go lower now since turn date low is tomorrow? Thanks!
With the turn date tomorrow should be close to a low.
brexit fall looks like Aug 2 2012, these patterns happened many time from 2011 low. It's a pattern repeating over and over again with some changes, many time a have problems figuring out where spx is...Any comment?
The pattern has ups and downs cycles, so I cant say that it's impossible to have big downs for short intervals of time, which will be bought.
SC, you see this turn day as a day early or turn day may be a High not Low?
Should be the low. High next week.
Next turn date July 28th.
Hi SC, do you still think $32 would hit for XIV by July 28th? Its having a hard time over $31. thx
So far so good. Slowly grinding up.
Hi SC, did we see the highs in Precious Metals already ? thx.
Possibly, but let's see how the metals behave early August. The clock is ticking for sure...
watch out 2178 /S&P for TOP ...
XIV target has been reached with both accurate timing and price!
Bought UVXY $27.95.
New chart posted!