Pages

Tuesday, October 17, 2023

XLE - Consolidation Period Over

XLE has been consolidating sideways for more than a year and looks to be working on breaking up through resistance. Middle East conflicts may be giving energy prices some lift in short term. Daily

Monday, October 16, 2023

$VIX - Update

VIX went up to test the upper trendline as expected. Support seems to have formed at the horizontal orange level. Weekly

Monday, October 9, 2023

UVXY - Weekly Chart

The weekly chart of UVXY is still quite negative with the 50 average pointing down. So although UVXY is coming off oversold levels on the weekly, it is still likely heading lower. Weekly