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Friday, March 29, 2019

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.    

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Tuesday, March 12, 2019

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.    

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

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Sunday, March 10, 2019

$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.  

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