Monday, June 19, 2023
LABU - Biotech Running
LABU has been rising and a breakout is likely. The daily made a small dip, and golden cross is imminent. In February it tried; now it is ready to run. The weekly is also at an important level as shown in the charts. Daily and Weekly
Tuesday, April 18, 2023
VIX - Trending up for 5 Years!
VIX is king in this market. Volatility, as seen on the chart, has been trending up for 5 years!!! The biggest moves are yet to come. For now though VIX is testing the long term trendline. It may underthrow the trendline slightly before the next pop. Weekly
Tuesday, March 14, 2023
GUSH - Oil Plunge Underway
Oil is dropping and a lot more downside is likely ahead. The economic turmoil with bank failures and a lengthening war in Ukraine are taking a toll on Oil. Oil appears to be plunging into the $50's. Weekly
Friday, February 24, 2023
UVXY - Short Term Target 50 Weekly $10
In short term UVXY can reach the 50 weekly as a target. Volatility is likely to increase to VIX 30.
Weekly
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
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