Thursday, November 26, 2020

$VIX/VXO - Trending Up for 3 Years!

VIX is testing under the orange again, and may fill the gap at 18 soon. Also below is a long term trendline. Weekly

Sunday, November 15, 2020

KODK - MAGA Trending

As anticipated the MAGA is beginning to trend in the United States. It is due to the classic demise we have witnessed this year; the political and socioeconomic collapse. Weekly

Friday, November 13, 2020

$SPX - Levels of Support and Resistance

SPX was rejected at the upper fork resistance. SPX is finding some support at the white. SPX may muddle through November and some optimisim into Thanksgiving. Daily

Sunday, November 8, 2020

VXX / UVXY / VIX - Volatility - Two Presidents Diametrically Opposite

With 2 Presidents heading in diametrically opposite directions, tensions are building for volatility. In recent years the market turns tend to occur near holidays, and this is because it is such a highly emotional market. The next holiday is Thanksgiving, and that is when the turn is anticipated to occur. Daily

Tuesday, November 3, 2020

$SPX - Mid-resistance

SPX bounced at the lower symmetrical triangle support. The triangle was a fitting pattern going into the Election. However, now SPX has traded to mid-resistance. Daily