Cyclical Market Analysis
Finding the edge in analyzing unique market Cycles.
Wednesday, September 11, 2024
SVXY - Retest Lows Likely
Markets are weak and another shot of volatility can come next! A rate cut next week may be a disappointment if it does not match the markets expectations. Daily
Thursday, August 8, 2024
SVXY - Testing Trendline!
The Hindenburg Omen warned in May and since that time several triggers induced a panic. Volatility spiked and with VIX testing 65 this week, SVXY is testing it's long term trendline. After the panic, volatility has been subsiding this week. SVXY still is in an uptrend. Monthly
Thursday, July 4, 2024
$WTI - Crude Oil Monthly
Crude Oil has been consolidating from the breakout in 2022. Oil is relatively cheap and priced similar to 2007! Oil has been getting quite volatile in recent years with some consolidation since 2023. We should expect a test of the 2008 high. $150 Oil is coming... Monthly
Friday, April 26, 2024
XBI - Support and Resistance
XBI Biotech has been weak and is only finding some temporary support at the 200 daily average. This is a common chart and typically lower prices follow. Daily
Monday, April 1, 2024
XLE - Strong Oil!
The talk of cutting rates during the inflationary Cycle is pressuring Oil shares higher. This coupled with worldwide wars underway, and the bursting of the the mirage that electric cars would reduce oil consumption in the short term is leading to an Oil surge. In addition, on the supply side, the artificial selling of Oil out of the Strategic Petroleum Reserve has been absorbed easily into the market and time is running out. Weekly
Monday, February 26, 2024
$SPX - Overbought on Weekly
SPX looks overextended and is overbought on weekly charts. A correction is likely underway. Probably SPX will see significant declines this week and particularily next week to start with and eventually testing the 50 week average again. Weekly
Friday, February 9, 2024
$HSI - Hong Kong Bear Market Update
The Hang Seng has lost about 50% since the bear market call made in 2021. Once China took over control of Hong Kong any advantages of that capitalist system ceased to exist. The bear market should make a lower low soon with bounce to follow.
Monthly
Subscribe to:
Posts (Atom)