$VIX - 4 Years of Uptrend!

Volatility has continued to trend higher for four years since 2018. This will eventually lead to a massive spike in volatility. Volatility is increasingly expanding over years, and has already tested the 2008 level in 2020. VIX is likely to come down a little to test the trendline and then rise off the major trendline. Daily

$SPX - Nearly Overbought

SPX is approaching an overbought condition on the daily chart. While SPX is having a good week it will have a negative week soon. SPX is nearly ready for a pullback. Daily

OCGN - Daily Turned Up!

OCGN shares have been rising in a hot Biotech market. The daily chart has turned up and the stock is likely to continue to trend higher into September. Weekly and Daily

LABU - Biotech Attractive

Biotech has reversed up from extreme oversold levels. LABU and XBI are attractive for a summer runup to the end of August. LABU has traded up through prior resistance. Weekly

UVXY - Volatility Waking Up, VIX Weekly Golden Cross

UVXY starting to rise up. VIX made a golden cross on weekly chart. Daily

$VIX - 50 and 200 averages

VIX is making a pattern on the daily chart. VIX can still cool short term but conditions are increasingly ripe for a pop in Volatility. Daily has a golden cross and weekly also has a golden cross. Because SPX has made a slow selloff for five months, the VIX will likely pop when SPX is near a bottom under these circumstances. Daily and Weekly

DWAC - Trump Invited to Twitter

Elon Musk has invited Trump back to Twitter. Trump is said to have 80 million followers on Twitter, and could have a large voice once again soon. The closing of the Twitter acquisition could be a catalyst for DWAC stock. Daily