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Sunday, March 9, 2025

$SPX - Beware the Ides of March!

SPX reached the downside price objective for last week at the 200 dma. Currently SPX is a little oversold on the daily and so may manage some retracement this week. However much more selling is likely coming into April as the trade wars ramp up. Beware the Ides of March with turning point due March 15th. Daily

Friday, February 28, 2025

$VIX - Expanding Pattern

Volatility is in an expanding pattern and should increase higher in short term. The VIX has been trending higher since July. Volatility typically will pop when SPX is getting near to a low occuring after declines in SPX. Daily

Tuesday, January 14, 2025

$SPX - 2025 - A Transition Year

SPX has struggled going into 2025 and it is likely a transition year. The local trendline is being tested and may produce a little support. Ultimately SPX is likely to see lower levels. A rocky year is to be expected as this transition is underway. Daily