Archives

VIX– VIX is making what is called a throw-under low, challenging the closing low made in January 2007. The final descent was particularly sharp in the past two days, suggesting an invisible hand at work.

SPX closes in on the Upper Trendline.

SPX is making new highs as it closes the gap between it and its Ending Diagonal trendline and weekly Cycle Top resistance at… Continue reading

VIX– VIX appears to be making a final and deeper low, challenging its March 15, 2013 low at 11.05 before reversing. The rate of descent has slowed considerably and the Cycles Model suggests an imminent launch higher.

SPX made a new all-time closing high.

SPX made a new, all-time closing high. A reversal may be made by simply declining beneath its Ending Diagonal trendline and… Continue reading

VIX– VIX made a 14-month low on Friday and challenging its March 15, 2013 low at 11.05. It may go lower to challenge its December 2006 low at 9.39. The new word is VIXtermination, used to describe the selling of VIX into the close each day. It will work until it doesn’t.

SPX made a new all-time closing high.

SPX made a new closing… Continue reading

VIX

– VIX made a deeper low on Monday, but not beneath than the December 26 low at 11.66. An Intermediate Wave (2) low may have been put in. With no help from the Yen Carry trade, slamming the VIX can help turn equities positive at the end of the day.

SPX may have made a reversal.

SPX probed higher on Monday to 1902.17, then made… Continue reading

VIX

– VIX stalled beneath its Short-term resistance at 14.60 before falling back toward the lows. A Minor Wave 2 low may have been put in. There is still a sense of complacency among investors that may be unwarranted.

SPX probing its Short-term Support.

SPX probed its Short-term support at 1859.32 then made another attempt at new highs, which failed a second week in a row.… Continue reading

VIX

-- VIX tested weekly mid-Cycle resistance at 15.34 before falling back toward the lows. A Minor Wave 2 low may have been put in. There is still a sense of complacency among investors that may be unwarranted.

SPX fails to make a new high.

SPX probed higher this week in an attempt to make new highs, which it did not. SPX closed up this… Continue reading

VIX

– VIX has begun its ascent towards its inverted Head & Shoulders neckline at 22.50. This is the start of the run to the top of the chart that may occur over the next 2 weeks. There is still a sense of complacency that may have been induced by program selling of the VIX.

SPX has a reversal week.

SPX probed higher early in the… Continue reading

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