UVXY - Trading Above Trendline

UVXY has traded above the downtrend line. This may have some merit if UVXY continues to rise. UVXY has a higher low and the next step is to see if it can make a higher high in November. Daily

DRIP - Oil Pullback Due

DRIP has formed a broadening formation and is bouncing off support. Oil is pulling back and is likely to become more attractive soon. Daily

$VIX - Trendline Update

VIX hasn't seen much action this year but has been holding the trendline on the weekly. This trendline can, and likely will, produce a pop though this may not occur until early next year. Weekly

$SPX - SPX Cycle Chart

SPX Cycle is based on this chart going back to the beginning of the rally. During the run there were two periods of consolidation. 2014 to 2016 and then 2018 to 2020. Rather than continuation the next period of consolidation will end the rally from 2009. The rally is terminal. Monthly

CCL - Tide Going Out

Carnival looks to be in a downturn and today made a kiss of death on the 50 day moving average. Price likely down into 2022. Weekly

OCGN - Measured Move Target

OCGN closed at the trendline on Friday. Today price is higher and above the trendline. Measured move short term target is shown. Weekly