SVXY - Before/After - Bearish Move Ahead!

Momentum has been lost, and SVXY is continuing to struggle at the 200 daily and weekly 50 confluence of moving averages.  Most probable a head and shoulders topping pattern is forming.

The left shoulder and head are complete.  The right shoulder is forming.    

Daily

Daily

SVXY - Head and Shoulders!

SVXY is struggling at the 200 daily and weekly 50 confluence of moving averages.  Most probable a head and shoulders topping pattern is forming.

The left shoulder is complete with the head forming now.    

Daily

UVXY testing September low, expect a strong reaction...

Daily

$SPX - Pullback Timing and Target

SPX hit resistance and dropped.  With SPX now trading at a support level a bounce soon would be normal.

Attempts to rally are likely to fail, and the pullback continue into April.  

Daily

UVXY - VIX at trendline!

UVXY has cooled off from the December target.

Price looks attractive for a pop with VIX at trendline support and SPX approaching overbought.  UVXY pop into month-end probable.

Daily Chart

VIX at trendline, ready to pop!

Daily Chart

SVXY = Drop into Month-End

SVXY is finding a little support at the midfork, but a drop looks likely into month-end February.

As is typical in a V-bottom the fast gains come early, and then slow.  The rally is probably approximately two thirds complete with one third left in price.  However, in time the rally may be only halfway.

Daily Chart

SPX - Trendline Reached - What's Next?

SPX has reached the trendline from October.  An overthrow of the white trendline is probable.

In the short term a rocky road is ahead for a few weeks.  With the trendline above, SPX is susceptible to a significant decline in the short term.

Daily

Bitcoin - Ready to Pop

Bitcoin is likely to be consolidating for a pop next.  Price has been holding in a tight range which typically occurs just before a stronger move.

A move up to test the red horizontal next is anticipated.

Daily