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Monday, December 6, 2021

DWAC - Pop into Year End!

DWAC announced a financing round and is getting ready to run into year end. Good support has established in the $40's. There should still be a chance for a good entry this week. Daily

Friday, December 3, 2021

UVXY - African Virus Fear Rising!

UVXY is rising and the weekly chart 50 average may be the target price. Omicron fear is rising as the rogue African virus spreads. VIX spike! Weekly

Wednesday, December 1, 2021

Oil - Testing Trendline

Oil was holding the trendline today. This may be a sign that markets are finding some support. It will be important to watch Oil to see how it interacts at this trendline. Daily

Tuesday, November 23, 2021

UVXY - Trading Above Trendline

UVXY has traded above the downtrend line. This may have some merit if UVXY continues to rise. UVXY has a higher low and the next step is to see if it can make a higher high in November. Daily

Friday, November 19, 2021

DRIP - Oil Pullback Due

DRIP has formed a broadening formation and is bouncing off support. Oil is pulling back and is likely to become more attractive soon. Daily

Thursday, November 18, 2021

$VIX - Trendline Update

VIX hasn't seen much action this year but has been holding the trendline on the weekly. This trendline can, and likely will, produce a pop though this may not occur until early next year. Weekly

Wednesday, November 10, 2021

$SPX - SPX Cycle Chart

SPX Cycle is based on this chart going back to the beginning of the rally. During the run there were two periods of consolidation. 2014 to 2016 and then 2018 to 2020. Rather than continuation the next period of consolidation will end the rally from 2009. The rally is terminal. Monthly