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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

vixVIX pressed down to the 10-handle, but did not go beneath the Master cycle low of December 21. A buy signal may be forthcoming should the VIX rally above its Long-term resistance at 14.24. The breakout above the resistance zone implies higher targets to come.

 

(ZeroHedge) What could possibly go wrong?

  • Russell 2000 speculative positioning has never…ever… been more long.… Continue reading

vixVIX rallied out of its Master cycle low of December 21. It made a daily buy signal, but closed beneath its weekly resistance cluster between 14.16 and 14.36. The breakout above the resistance zone implies higher targets to come.

 

 

 

SPX declines to its Cycle Top support.

spxSPX reversed from the upper trendlines of two Orthodox Broadening Top to challenge its weeklly Cycle… Continue reading

vixVIX finally made its Master cycle low, almost 2.5 years (exactly 129 weeks) since making its last 10-handle and almost exactly 10 years since making its prior 10-handle. This may be the end of an era since this implies the change in a secular trend. The implications are enormous, since a breakout above the resistance zone at 14.09 implies higher targets to come.

(ZeroHedge… Continue reading

vixVIX had an inside week, not able to break out, but closing higher than last week. It appears to have made a Master Cycle low on December 8. Should it break out, it may rally to its Cycle Top at 24.26, if not higher. The implications are enormous, since a breakout above the Bullish Flag implies higher targets to come.

(ZeroHedge) The last… Continue reading