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VIXVIX made its final swing low at weekly mid-Cycle support at 15.93 on Friday morning, making it the last support before its reversal.  An aggressive buy signal (NYSE sell signal) may be confirmed with a rise above Long-term support/resistance at 18.30.  A breakout above the neckline suggests a very robust follow-through rally that may last up to a month.

SPX retraces to the… Continue reading

VIXVIX made a swing low at Long-term support at 18.21 on Friday morning, then rose to challenge Intermediate-term resistance at 20.27.  While the VIX is on a long-term sell signal, this level would be considered “neutral.”  However, the buy signal (NYSE sell signal) may be confirmed with a rise above the Short-term resistance at 22.66.  A breakout above the neckline suggests a… Continue reading

VIXVIX pulled back toward weekly Intermediate-term support at 19.99.  A trader using the VIX to signal the market’s intent would label this level as “neutral.”  However, the buy signal (NYSE sell signal) may be confirmed with a rise above the Long-term resistance at 22.20.  A breakout above the neckline suggests a very robust follow-through rally that may last up to a month.… Continue reading

VIX VIX rose toward its late January high at 32.09, but pulled back to close above 25.00 at the end of the week.  Most market watchers take alarm when the VIX exceeds 25.00, so this week’s action is accumulative.  The buy signal (NYSE sell signal) is confirmed by the Cycles Model.  The close above the neckline suggests a very robust follow-through rally… Continue reading

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