Tuesday, April 20, 2021

$VIX - Warming up...

VIX appears to be warming up, however notice there is some resistance overhead. VIX probably will have some difficulty here, but eventually may be able to pop after a few tries at this resistance. Daily

Saturday, April 17, 2021

$GME - Gamestop Bearish - Target $25

Gamestop has failed to advance. The short squeeze is effectively over and price action is bearish. Support and resistance levels are shown. A lower low below February is likely. Target $25. Daily

Friday, April 9, 2021

$SPX - 2020 Trendline Reached!

SPX likely hitting resistance soon. SPX may grind up this trendline for two more weeks, but with little upside. Any further gains and SPX will be overbought both on daily and weekly time frames. Watch for a turn April 26th down to May 14th for a three week decline. Weekly

Monday, April 5, 2021

$VIX - Panic Gap Filled

The panic gap has filled on VIX. VIX may see lower later, but for now the target has been fulfilled. Weekly