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VIXVIX rose above all near-term resistance except the Cycle Top at 23.75.  Most market watchers would not take alarm until the VIX exceeds 25.00.  However, the buy signal (NYSE sell signal) is confirmed.  The close above the neckline suggests a very robust follow-through rally in the following week.  Traders are still sanguine after the market sell-off following the jobs report.

SPX… Continue reading

VIXVIX continued its retracement from the new Head & Shoulders formation to close beneath Short-term support at 21.16.  For intermediate-term investors, it remains on a buy signal (NYSE sell signal).  The close above the neckline suggests a very robust follow-through rally in the following weeks.

(Bloomberg)  Despite a recent surge, the so-called fear index remains in a trading range that… Continue reading

VIXVIX forged higher on Wednesday, creating a probable new Head & Shoulders formation before pulling back to its cycle Top.  It remains on a buy signal (NYSE sell signal).  The close above the neckline suggests a very robust follow-through rally in the following weeks.  Although SPX closed beneath a critical level, investors are no less complacent as a week ago.

(InvestmentWeek… Continue reading

VIXVIX pulled back from its Head & Shoulders neckline at 26.00 in a retracement, then broke through in the follow-through rally this week.  This is at the same level that VIX closed on August 21.  It remains on a buy signal (NYSE sell signal).  The close above the neckline suggests a very robust follow-through rally next week Although SPX closed beneath a… Continue reading

VIXVIX closed the week just above a new Head & Shoulders neckline at 26.81.  This is at the same level that VIX closed on August 21. It remains on a buy signal (NYSE sell signal).  The neckline crossing may trigger a move as robust ore more so than the August 24 spike high.

(BusinessToday)  Volatility index VIX rose to highest… Continue reading

VIXHiLo– VIX VIX rose above its mid-Cycle resistance at 16.83, putting it back on a buy signal.  The attempts to close with a positive year in equities may be losing traction.

 

–The NYSE Hi-Lo Index rallied to its highest price since June.  This is due to an effort to elevate stock prices into the year-end.  The latest high may be considered… Continue reading

vixVIX made a new high on Monday before retesting its Bullish Flag trendline.  It closed above weekly intermediate-term support at 19.44.  It remains on a buy signal (NYSE sell signal).  It may be forecasting a possible lump of coal for equities during the Christmas season.

(ZeroHedge For the first time since August 2008, high-yield bond ‘VIX’ is greater than… Continue reading

VIX VIX ramped above its mid-Cycle support/at 15.06.  In addition it has exceeded its weekly Cycle Top support/resistance at 22.19.  It has re-established a bullish trend.  Don’t expect calm in the markets on Monday.

(Reuters)  Stock market investors are ready for the first U.S. Federal Reserve interest rate hike in nearly a decade next week, but they may not… Continue reading

VIX VIX closed the week beneath its mid-Cycle support/resistance at 14.96, but stayed above its Master cycle low on Tuesday at 14.63.  Its new breakout levels are at 19.35 and 20.67 to re-establish a bullish trend.  While traders are anticipating a calmer season ahead, the VIX warns the opposite may happen.

SPX bounces off its trendline. 

The SPX bounced off its Orthodox… Continue reading

VIX VIX made a 65% retracement of its rally off the 12.80 low.  It remains on a weekly buy signal.  The next move calls for a breakout to new highs.  While traders are anticipating a calmer season ahead, the VIX warns the opposite may happen.

SPX bounces off its trendline.

The SPX bounced off Intermediate-Term support/resistance at 2021.74 to make an 80%… Continue reading