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VIXVIX mad a Master Cycle low on Wednesday, March 15, then closed the week above Short-term support/resistance at 11.20. An aggressive buy signal may be forthcoming should the VIX rally back above its Intermediate-term resistance at 11.72. The breakout above its consolidation area may produce a slingshot move.

(Bloomberg) Everything’s fine and calm on Wall Street if you trust the market’s standard fear… Continue reading

VIXVIX had an inside week, closing above Short-term support at 11.20 but beneath its Intermediate-term resistance at 11.81. An aggressive buy signal may be forthcoming should the VIX rally back above its Intermediate-term resistance. The breakout above its consolidation area may produce a slingshot move.

(CNBC) A striking stat about the CBOE Volatility Index provides yet more testimony to the anomalous quiet seen… Continue reading

VIXVIX challenged weekly Intermediate-term resistance at 11.96 on Tuesday, then pulled back beneath Short-term support at 11.44 to complete a retracement. An aggressive buy signal may be forthcoming should the VIX rally back above its Intermediate-term resistance. The breakout above its consolidation area may produce a slingshot move.

(BusinessInsider) The Federal Reserve said January 22 it is worried about the “low level of… Continue reading

VIXVIX tested weekly Intermediate-term resistance at 12.64 a second time before closing at weekly Short-term support at 11.50. An aggressive buy signal may be forthcoming should the VIX rally above its Intermediate-term resistance. The breakout above Long-term resistance at 13.74 implies higher targets to come.

(ZeroHedge) How much longer can this hope-filled balloon be held under water?

‘Exceptional Stability’

As Bloomberg notes, … Continue reading

VIXVIX tested weekly Intermediate-term resistance at 12.91 before closing beneath weekly Short-term support at 11.56. A buy signal may be forthcoming should the VIX rally above its Intermediate-term resistance. The breakout above Long-term resistance at 13.83 implies higher targets to come.

(Tumblr) While the S&P 500 closed at another new high, the VIX also spiked, an unusual occurrence that may have negative implications… Continue reading

VIXVIX staged an inside week after a throw-under of its massive Ending Diagonal formation. An aggressive buy signal may be forthcoming should the VIX rally above its Intermediate-term resistance at 13.02. The breakout above the higher resistance zone at 13.33-13.94 implies higher targets to come. The abrupt turn made in August 2015 may be repeated here.

(SeekingAlpha) With another week behind us where… Continue reading

VIXVIX revisited the lower trendline of its massive Ending Diagonal formation on Wednesday, making a key reversal after the FOMC announcement on Wednesday. An aggressive buy signal may be forthcoming should the VIX rally above its Short-term resistance at 11.90. The breakout above the higher resistance zone at 13.33-13.94 implies higher targets to come. The abrupt turn made in August 2015 may be repeated here.… Continue reading

VIXVIX declined to the lower trendline of its massive Ending Diagonal formation this week. As a general rule, VIX doesn’t stay at its lows very long. An aggressive buy signal may be forthcoming should the VIX rally above its Short-term resistance at 12.06. The breakout above the higher resistance zone at 13.48-14.04 implies higher targets to come. The abrupt turn made in August 2015 may… Continue reading

VIXVIX challenged its weekly Short-term resistance at 12.30, staying above the Master cycle low of December 21, although marginally beneath resistance. The successful retest of the December low is an indication of a probable change in trend. A buy signal may be forthcoming should the VIX rally above its Long-term resistance at 14.11. The breakout above the resistance zone implies higher targets to come. The… Continue reading

VIXVIX pressed down to the 10-handle for a second week, but did not go beneath the Master cycle low of December 21, although marginally beneath last week’s low at 10.98. The successful retest of the December low is an indication of a probable change in trend. A buy signal may be forthcoming should the VIX rally above its Long-term resistance at 14.19. The breakout above… Continue reading