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TonyC

VIXVIX remained above its August 9 Master Cycle low this week. VIX may be primed for a breakout. The declining Short-term resistance at 14.40 and the recent high at 14.24 may intersect with VIX next week. The next important milestone is mid-Cycle resistance at 15.78 where a buy signal is made.

(Bloomberg) A Federal Reserve divided on the timing of its next interest-rate… Continue reading

VIXVIX extended its Master Cycle low by three weeks on Tuesday. Cycle extensions are rare, but may often increase the intensity on the swing back. The VIX closed higher than last week. This may be the end of a year-long retracement from the August 2015 highs. .

(ZeroHedge) The relationship between the VIX and the spread between high yield bonds over 10-year treasuries… Continue reading

VIXVIX rallied early in the week before making a new low by the close. The Cycles Model suggests that the low is more than three weeks overdue. If so, payback may be coming in a very big way to those who have become complacent.

(ZeroHedge) Volume in inverse ETF’s has dropped to its 2nd lowest level in more than 5 years; have traders… Continue reading

VIXVIX rallied early in the week, but pulled back to the trendline by the close. This appears to be a valid reversal pattern. If so, payback may be coming in a very big way to those who have become complacent.

(Bloomberg) The trader love affair with (VIX) exchange-traded notes that rise as stock market turbulence increases is getting torrid again. That’s good news… Continue reading

VIXVIX was sold in a throw-under beneath its Bullish Flag trendline, but recovered the trendline at the close of the week. This move may signal the end of the decline in VIX. If so, payback may be coming in a very big way to those who have become complacent.

(ZeroHedge) I have been following several ‘bearish’ ETFs and ETNs lately – UVXY, TVIX,… Continue reading

VIX VIX was clubbed on Thursday and again on Friday, even with potential systemic risk hanging over the markets.  After all, the market still appears awesome, doesn’t it?   As a result, it exceeded its “normal” decline of 30-50% back inside the Broadening formation by another 28%.  However, payback is coming in a very big way.  The entire Wave structure from… Continue reading

VIX

VIX topped on Monday and declined almost 42% through Friday, erasing the prior week’s gains.  What may have been strength turned into weakness as central banks unleashed massive amounts of liquidity into the markets   Apparently it was imperative to keep equities positive for the quarter end.

(Bloomberg)  The market convulsions of the last week have been a lesson in… Continue reading

VIX

VIX rallied above its weekly Cycle Top in a show of strength that started on Friday.  The Cycles Model suggests that the strength may last through next week, at a minimum.   Broadening formations (tops and bottoms) are often known as reversal patterns.

(ZeroHedge)  …According to Cheong, such sales could total as much as $150 billion should equity volatility persist… Continue reading

VIX VIX rallied above weekly Long-term support at 18.40 this week, closing above it.  This confirms the VIX buy/Equities sell signal.   Broadening formations (tops and bottoms) are often known as reversal patterns.

(ZeroHedge)  Amid turmoil in Chinese FX markets (which has not ended well in the past), the need to hedge against the looming Brexit vote, and rapidly fading… Continue reading

VIX

VIX rallied off the final low of a Broadening Bottom formation that is marked by successive higher highs and lower lows.  Aggressive traders often use a close above the mean value of this index to begin placing bearish trades in equities..  A daily close above the prior high at 17.65 confirms the VIX buy/Equities sell signal.  The Cycle low came on Tuesday.… Continue reading