A low is due to form shortly.
60min Chart
Monday, July 2, 2018
SVXY - Rejected off Horizontal Resistance
SVXY has declined from the band of horizontal resistance identified May 10, 2018. Notice the interaction with the red resistance lines.
A low is due to form shortly.
60min Chart
A low is due to form shortly.
60min Chart
Monday, May 21, 2018
SPX - Breakout - Whipsaw Phase to Intensify
SPX found strong support as expected and has rallied up to test the white trendline identified in April.
SPX is breaking out. However, the whipsaw phase is about to intensify.
SPX Daily
Before:
April 2, 2018
"SPX is approaching long term channel support and testing the 50 weekly moving average at 2,565. Expect a big bounce soon as least up to channel resistance as identified."
30min Chart
SPX is breaking out. However, the whipsaw phase is about to intensify.
SPX Daily
Before:
April 2, 2018
"SPX is approaching long term channel support and testing the 50 weekly moving average at 2,565. Expect a big bounce soon as least up to channel resistance as identified."
30min Chart
Thursday, May 10, 2018
SVXY - Before/After - Target Achieved!
SVXY has established the trading range as anticipated, and the target identified March 22, 2018 has been achieved today.
A band of horizontal resistance is shown.
60min Chart
March 22, 2018 analysis:
"SVXY is declining towards short term support. A trading range has established in the $11 to $13 range, and that is expected to continue into May."
30min Chart
A band of horizontal resistance is shown.
60min Chart
Before:
March 22, 2018 analysis:
"SVXY is declining towards short term support. A trading range has established in the $11 to $13 range, and that is expected to continue into May."
30min Chart
Monday, April 2, 2018
$SPX - Channel Support and Resistance
SPX is approaching long term channel support and testing the 50 weekly moving average at 2,565. Expect a big bounce soon as least up to channel resistance as identified.
30min Chart
30min Chart
Saturday, March 31, 2018
Bitcoin - Capitulation Soon
Bitcoin is flirting with a breakdown below support. The decline that began in December is nearly complete.
Capitulation is likely to occur soon with a lower low than February.
Daily Bitcoin
Capitulation is likely to occur soon with a lower low than February.
Daily Bitcoin
Thursday, March 22, 2018
SVXY - Short Term Targets
SVXY is declining towards short term support. A trading range has established in the $11 to $13 range, and that is expected to continue into May.
Overhead horizontal resistance has been identified.
30min Chart
Overhead horizontal resistance has been identified.
30min Chart
Thursday, March 8, 2018
SPX - Calm Seas and Smooth Sailing Ahead
SPX has likely completed the volatile first leg down, and calmer markets are ahead in March and April.
The SPX model shows a slow and steady grind up next. Dips should be relatively minor as the model predicts a relentless grind higher. The next several weeks look relatively flat as SPX builds a solid base.
60min Chart
SPX 2018 Model:
The SPX model shows a slow and steady grind up next. Dips should be relatively minor as the model predicts a relentless grind higher. The next several weeks look relatively flat as SPX builds a solid base.
60min Chart
SPX 2018 Model:
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