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Wednesday, May 25, 2022

$VIX - 50 and 200 averages

VIX is making a pattern on the daily chart. VIX can still cool short term but conditions are increasingly ripe for a pop in Volatility. Daily has a golden cross and weekly also has a golden cross. Because SPX has made a slow selloff for five months, the VIX will likely pop when SPX is near a bottom under these circumstances. Daily and Weekly

Wednesday, May 11, 2022

DWAC - Trump Invited to Twitter

Elon Musk has invited Trump back to Twitter. Trump is said to have 80 million followers on Twitter, and could have a large voice once again soon. The closing of the Twitter acquisition could be a catalyst for DWAC stock. Daily

Monday, May 2, 2022

SPX - Lower Low

SPX is trading around the February lows currently. SPX making a lower low though it won't be by much. 4,400 is resistance and then up at 4,800 a retest of the highs. Daily