– The VIX broke above its Ending Diagonal formation and has closed above its upper trendline, but below the 10-week moving average at 20.24. This leaves the VIX ready to surge above the 10 week moving average and its mid-cycle support/resistance line at 23.04 in the next day or two. It appears that the VIX will either challenge the overhead Head and Shoulders neckline… Continue reading →

– The VIX appears to require one final throw-under beneath the lower trendline of its Descending Wedge/Ending Diagonal formation. This may take less than a day to complete.  A rally above the 10-week moving average at 21.76, which also resides at the upper trendline of the Ending Diagonal formation, confirms the reversal in trend. In this cycle, all assets are “all in” making for… Continue reading →

– The VIX declined in a final throw-under beneath the lower trendline of its Descending Wedge/Ending Diagonal formation. The decline and its Master Cycle low extended two weeks beyond the “ideal” turn date. Further investigation shows that the VIX cycle turn date may have been delayed for the near-simultaneous turn of the US Dollar and Treasuries. In this cycle, all assets are “all in” making… Continue reading →

– The VIX has rallied to weekly mid-cycle resistance at 23.13, then declined in a final throw-under beneath the lower trendline of its Descending Wedge. The VIX will change to a buy signal once it breaks out above its mid-cycle support/resistance and Friday’s high at at 23.44. This week marked the Master Cycle low and possibly the lowest point for the VIX in 2012.

Although… Continue reading →

– The VIX has broken out above its Ending Diagonal inside a doubly indicated bullish Descending Wedge pattern on December 27. It has rallied to mid-cycle resistance, then pullback to find support on the lower trendline of its Descending Wedge. The VIX will change to a buy signal once it breaks out above its most recent high and climbs above mid-cycle support/resistance at 24.11. At… Continue reading →