Friday, June 26, 2020

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. 


Tuesday, June 23, 2020

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

Thursday, June 11, 2020

$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.


Tuesday, June 9, 2020

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