Archives

Translate

EnglishFrenchGermanItalianPortugueseRussianSpanish

Latest Articles on Minyanville

Also Seen On…

Financial Sense University

Market Oracle

Planet Yelnick

Safe Haven

VIX– VIX ramped above weekly mid-Cycle resistance and challenged its February high before closing beneath it. This is the start of the run to the top of the chart that may occur over the next 3-4 weeks. The press continues to “whistle past the graveyard,” (here, here, here and here).

SPX breaks supports and Bearish Wedge trendline.

SPX made a clean… Continue reading

Dear Friends and Colleagues,

Please join me and Michael Yorba as we discuss today’s market at 3:30 Eastern

GUESTS APPEARING ON THE TRADERS NETWORK

2:30 p.m. Central or 3:30 p.m. Eastern – FRIDAY-APRIL 11, 2014

ndx

 

Good afternoon!

Let’s pick up where we left off last week. The top that was made on March 7, 2014 is 2 days short of 5 years… Continue reading

VIX– VIX made a final Master Cycle low on Friday, but still managed to close above its Ending Diagonal (not shown). This is the prelude to a probable run to the top of the chart that may occur over the next month or more. The press is chortling that “fear has left the building.”

 

SPX revisits Cycle Top, reverses.

SPX made another attempt at… Continue reading

VIXSPX– VIX made a new Master Cycle low on Wednesday, but still managed to close at weekly Long-term support at 14.50. This is the prelude to a probable run to the top of the chart that may occur over the next several weeks. Despite the constant late-day VIX selling for the past month, it has managed to maintain a higher base since the beginning of… Continue reading

VIX– Although the VIX closed lower for the week, it may be signaling a breakout ahead as it builds a higher base. This is the prelude to a probable run to the top of the chart that may occur over the next several weeks. The VIX is considered a leading indicator of the direction of the SPX.

 

SPX remains above the Wedge trendline.

SPX… Continue reading

VIX– After days of late-session smack-downs, VIX finished Friday in the green and closed the week above all resistance levels but the Cycle Top at 21.10. This is the prelude to a probable run to the top of the chart that may occur before month-end.

 

SPX remains above the Wedge trendline.

SPX was repelled again by its weekly Cycle Top resistance at 1891.93,… Continue reading

VIX– VIX broke out above its weekly mid-Cycle resistance at 15.57and pulled back, remaining above prior lows. This is the prelude to a probable run to the top of the chart that may occur before month-end.

 

 

SPX is repelled again by Cycle Top resistance.

SPX rallied again to its weekly Cycle Top resistance at 1885.55, but was repelled on Friday before breaking through.… Continue reading

VIX– VIX closed below its cluster of weekly Model supports after challenging weekly mid-Cycle resistance at 15.63. VIX did not make new lows this week, a non-confirmation of the SPX rally attempts.

 

 

SPX is repelled by Cycle Top resistance.

SPX rallied to a new closing high, but reversed short of its weekly Cycle Top resistance at 1877.75. Orthodox Broadening Tops are often called… Continue reading

VIX- VIX closed above its cluster of weekly Model supports after challenging weekly mid-Cycle resistance at 15.69. VIX held steady this week, a non-confirmation of the SPX rally attempts.

 

 

 

SPX closes above the Wedge formation a second week.

After piercing the lower trendline of its Orthodox Broadening Top (Megaphone formation) at 1748.00, SPX continued to consolidate above the Wedge trendline. Phase 7… Continue reading

VIXSPX– VIX made an 85% retracement of its initial rally to 21.48. The resistance levels are between 13.94 and 14.44. Short-term VIX dropped today to its lowest on record, suggesting that market complacency is at record highs.

 

 

SPX closes above the Wedge formation.

After piercing the lower trendline of its Orthodox Broadening Top (Megaphone formation) at 1748.00, SPX continued its reversal above the… Continue reading