Friday, September 22, 2023

SVXY - Trending Higher

SVXY is in a clear uptrend and trending higher. With SVXY trading near it's trendline, volatility is likely to remain low for now. What this means is that the first leg down in the SPX selloff is nearly complete. Daily

Monday, September 11, 2023

$SPX - Further Pullback

SPX has been soft and looks to have room to pullback some more in the short term. Volatility is relatively low but there are some negatives coming this Fall season. Traders are back at their desks now and may trim some holdings. Weekly

Monday, June 19, 2023

LABU - Biotech Running

LABU has been rising and a breakout is likely. The daily made a small dip, and golden cross is imminent. In February it tried; now it is ready to run. The weekly is also at an important level as shown in the charts. Daily and Weekly

Tuesday, April 18, 2023

VIX - Trending up for 5 Years!

VIX is king in this market. Volatility, as seen on the chart, has been trending up for 5 years!!! The biggest moves are yet to come. For now though VIX is testing the long term trendline. It may underthrow the trendline slightly before the next pop. Weekly

Tuesday, March 14, 2023

GUSH - Oil Plunge Underway

Oil is dropping and a lot more downside is likely ahead. The economic turmoil with bank failures and a lengthening war in Ukraine are taking a toll on Oil. Oil appears to be plunging into the $50's. Weekly

Friday, February 24, 2023

UVXY - Short Term Target 50 Weekly $10

In short term UVXY can reach the 50 weekly as a target. Volatility is likely to increase to VIX 30. Weekly

Friday, February 17, 2023

GUSH - Rolling Over - Bearish

Oil shares are looking increasingly bearish. GUSH looks to be failing at the 50 weekly. Price could drop under $100. Weekly