Thursday, November 26, 2020
$VIX/VXO - Trending Up for 3 Years!
VIX is testing under the orange again, and may fill the gap at 18 soon. Also below is a long term trendline.
Weekly
Sunday, November 15, 2020
KODK - MAGA Trending
As anticipated the MAGA is beginning to trend in the United States.
It is due to the classic demise we have witnessed this year; the political and socioeconomic collapse.
Weekly
Friday, November 13, 2020
$SPX - Levels of Support and Resistance
SPX was rejected at the upper fork resistance.
SPX is finding some support at the white. SPX may muddle through November and some optimisim into Thanksgiving.
Daily
Sunday, November 8, 2020
VXX / UVXY / VIX - Volatility - Two Presidents Diametrically Opposite
With 2 Presidents heading in diametrically opposite directions, tensions are
building for volatility. In recent years the market turns tend to occur near
holidays, and this is because it is such a highly emotional market. The next holiday
is Thanksgiving, and that is when the turn is anticipated to occur. Daily
Tuesday, November 3, 2020
$SPX - Mid-resistance
SPX bounced at the lower symmetrical triangle support. The triangle was a fitting pattern going into the Election.
However, now SPX has traded to mid-resistance.
Daily
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