Thursday, July 28, 2016

UVXY - Interesting Time and Price

Time and price has reached an interesting turning point.  Today, July 28th is the date forecast for a turn date and high.  August 10th is a date for a significant low.

UVXY appears to be ready for a pop.

15min Chart

Wednesday, July 20, 2016

XIV - Approaching Critical Time and Price

XIV is approaching the large June gap.  Time and price is near an interesting turning point in the week ahead.

July 28th is a date for a high.  August 10th is a date for a significant low.

60min Chart

Thursday, July 14, 2016

$SPX - Deja Vu Cycle Model

SPX spiked up, and appears to be forming an ascending broadening wedge according to the Cycle model.  Currently SPX is likely forming a high. 

Support is located at the lower red line.  Therefore, SPX should work it's way down to test the lower red support line with time. 

Daily Chart

SPX Deja Vu Cycle:

Monday, July 11, 2016

$SPX - Outlook - Levels and Timing to Watch

SPX continues to struggle and test the level of long term resistance.  A pullback is due this week.  However, the level of 2,100 may offer support during July.

July 31st is an important time for a potential high.  August 10th is a date to watch for a potential low.

60min Chart