Friday, February 17, 2023
GUSH - Rolling Over - Bearish
Oil shares are looking increasingly bearish. GUSH looks to be failing at the 50 weekly. Price could drop under $100. Weekly
Wednesday, February 1, 2023
$SPX - 4,200 Resistance
SPX has been rallying but will reach resistance soon, possibly as soon as next week. A pullback in February is looking likely with resistance near.
Weekly
Friday, December 9, 2022
DRIP - Oil Shares Weakening
Crude has been soft and energy shares are looking increasingly weak. Energy has been one of the few areas of outperformance this year, but the bear market may be weighing and dragging it down with everything else. DRIP looks to be turning up and may have some upside short term.
Weeklies
Tuesday, October 11, 2022
UVXY - Volatility Rising!
UVXY is rising and a move higher in volatility is underway. UVXY is about halfway to the target price and still has decent upside. SPX is dropping every day and VIX holding 30's, and that is pressuring UVXY and UVIX higher. Weeklies
Thursday, September 29, 2022
BBBY - Spike Soon
Bed Bath and Beyond has a lot of problems. Distressed to say the least. However, the stock may spike soon. It tends to settle back in risk off and then spike risk on.
Weekly
Monday, September 26, 2022
UVXY - Pop Likely Soon
UVXY hasn't broken out yet but a pop does look likely soon. Fear is coming from all angles it seems.
60min
Wednesday, September 21, 2022
Subscribe to:
Posts (Atom)









