$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

Oil - UCO - Oil Bullish Pattern Forming

Oil is near the $18 support.

Production cuts have been made.  The cuts are supportive enough to see a short term pop in Crude Oil, and a bullish chart pattern has formed.

UCO has an Inverse Head and Shoulders.

15min

SCO has clear wedge.

15min

$VIX - Support Soon

VIX nears the middle support, and is anticipated to reach that level soon.

Once the middle support is tested a rise in volatility is expected.  TVIX, UVXY, and VXX are consolidating currently.

2 Day Chart

UVXY has been in a declining channel for several years, and is likely to transition into a rising trend.

2 Day Chart