UVXY - Short Term Target

UVXY is likely forming a low this Thanksgiving week, and up into December 13th with the next Tariffs in the China trade war hitting on December 15th.

30min Chart

TVIX - Short Term Targets

TVIX is likely forming a low this Thanksgiving week, and up into December 13th with the next Tariffs in the China trade war hitting on December 15th.

30min Chart

Bitcoin - 8,000 Support

Bitcoin has settled back to test 8,000 which can hold as a level of support.

Currently Bitcoin is probably forming a "W Type" bottoming formation which can continue in the coming months.

Daily

SVXY/UVXY - Levels and Timing in Focus!

SVXY has broken out and is poised to continue higher.

The next high is due later in November around the time of Thanksgiving.  At that time the price will then see down pressure into December 13th with the next China trade tariffs due to hit on December 15th.

10min Chart

UVXY has clearly broken down below long term support...

2 day Chart

SVXY - Breakout!

SVXY has been able to breakout from the blue downtrend.  As a result it is likely heading higher in November.

Orange channel resistance is the November target.

Daily

VIX - Rectangle

The VIX has formed a rectangular pattern, and is approaching the main trendline and rectangle support.

VIX is bound within the rectangle in the short term.  Once the pattern matures the moves will become extremely violent.

Daily

SPX - In VIX We Trust

SPX has a clear Double Top which completed this September.  

The top is in.  Last week the trendline was broken to the downside.  SPX will soon resume the downtrend which is already in place.  

Daily

VIX has been trending higher for years.  Starting in August the VIX trend began to accelerate to the upside.

Weekly

VIX continues to trend higher to break the 1987 trendline which has already been previously tested.

Yearly

SVXY has been leading lower for more than 1 year to date.  The recent failure of SVXY to test the July peak was the "tell" that SPX had, in fact, topped.

Daily