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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

vixVIX declined this week, but failed to go beneath its Wave (3) low at 11.02. Should it reverse from this week’s low, it may qualify as a truncated wave. The implications are enormous, since it implies that the declining energy may have been dissipated. The ensuing reversal may be strong.

(WSJ) Two major stock and options market indicators were on the same page… Continue reading

vixVIX rallied off last week’s low, closing just beneath intermediate-term resistance at 14.24. It appears that the rally that the Cycles Model called for has begun. The next important milestones are the Flag trendline near 22.50 and Cycle Top resistance at 24.27 where a long-term breakout may occur and a cyclical uptrend may begin in earnest.

(Forbes) VIX has been behaving rationally recently,… Continue reading

vixVIX declined to its lowest point in 2 months on Monday, while the VIX ETFs appear to have bottomed on Tuesday. If this is correct, then we may see the VIX and its ETFs rally for the next three weeks. The next important milestones are the Flag trendline near 22.50 and Cycle Top resistance at 24.27 where a long-term breakout may occur and the Cyclical… Continue reading

vixVIX pulled back from its November 4 high where it tested its Bullish Flag trendline. A close above its Intermediate-term resistance at 14.07 puts the VIX on a buy signal while a breakout of the Bullish Flag suggests that the Cyclical uptrend has resumed in earnest.

(ZeroHedge) Near-term volatility expectations have plunged to record lows.

Trader sentiment has officially come full circle following… Continue reading

vixVIX rallied to the upper trendline of its Bullish Flag formation at 23.50. The next important milestones are the trendline and Cycle Top resistance at 24.29 where a long-term breakout of the Bullish Flag may occur and the Cyclical uptrend may resume in earnest.

(ZeroHedge) Stocks are now down Year-over-Year…

VIX up 8 days in a row (3rd time in history – 4… Continue reading

vixVIX closed above its Long-term support/resistance at 16.15, confirming its buy signal. The next important milestones are the trendline at 22.50 and Cycle Top resistance at 24.15 where a long-term breakout of the Bullish Flag may occur and the Cyclical uptrend may resume in earnest.

(ZeroHedge) While VIX remains subdued at bull-market-narrative-confirming levels, there are extreme concerns being exhibited in VIX options.… Continue reading