$SPX - Level of Resistance

SPX is near resistance and is having difficulty with the overhead gap.

Momentum will likely burn off next for some time.  Let's watch as SPX interacts with resistance just above.

Daily Chart

UVXY - Approaching Important Time and Price

Volatility has been subdued, but is quickly approaching an important level.  Volatility will expand into August.

UVXY should be ready by week's end.

Daily Chart

GUSH - Oil Stock Head and Shoulders

A head and shoulders pattern has formed in Oil stock etf GUSH.

Price is trading at the neckline.  Therefore, a bounce may occur next.

60min Chart

CCL - Carnival Stock to Pop

Carnival stock may see strength into July.  It is one of the last reopening trades left. 

The reopening trade in SPX has already taken it's course, that optimism shifted into Oil, and now in the last phase speculative stock such as Carnival. 

The stock is trading near orange channel support. 

Daily

UVXY - Mean Reversion

UVXY is approaching support soon. 

This is a good example of mean reversion and UVXY is likely to revert to the mean once again.

60min Chart

$SPX - Summer Targets and Timing

SPX plunged off the June 9th turn date.  However, with June 12th turn date tomorrow a low is due.  Monday may be the best day for a low.

Then SPX likely to be choppy for several weeks as it consolidates for the next run.

Timing is suggesting heating up in later June, and into July 4th and July 15th then selloff into August 7th.

Daily

TVIX - Price and Time

TVIX hit support exactly and climbed.  The price spiked on the turn date of June 9th.

It moves with precision price and timing.

30min Chart