Friday felt strange, as I tried to point out in NFTRH 623. Normally, a news-driven market holds an efficacy of a day or so. I hate to give in to…
I went from sad (taking my profits too soon) to glad that I took profits in volatility vehicle VIXY as the VIX reversed and went negative today. It remains to…
It feels great out there. Everything is working and we are all geniuses. Except for one issue. VIX is holding support and the SMA 200. ...and the divergence to inverse…
In NFTRH 610 it was noted that I took a couple of bear positions due to the VIX Hammer candle at the SMA 200. Well, yesterday it did the same…
In taking a look at the daily chart of the VIX and noticing its somewhat firm look (as opposed to a continued plunge) I expected to find a divergence warning…
Just an in-day status report. As of 1.5 hours into the regular session VIX is recoiling back to the EMA 20. There is no telling whether it will resume upward…
NDX (QQQ) painted a bearish engulfing candle 2 days ago and yesterday it fulfilled the minimum requirement of that signal by having a solidly negative day. However, it is above…
Regardless of whether or not the gap will fill, risk is... well you know what risk is. To make matters worse, QQQ (along with NDX, SOX and SPX) painted a…
I like to see how many angles, how many lenses I can view the market through. Here is one of those angles, the correlation of the ratio between the more…
The VIX is at the junction of the 2008 turn from hysterical fear to relief. That's fine, the COVID-19 scare and its economic implications are considerable. But when viewing VIX…
It's as its name implies. A Bearish Engulfing candle is a red bear candle that is outside of the previous candle's high and low and thus engulfs it. Day traders…
The term World War III is appearing in headlines this morning. The VIX for one, is unimpressed as yet. It spiked, reversed back below the daily SMA 200 and now…
Personally, I feel a little weird playing chicken (or musical chairs) in being long this market while using gold and silver stocks as a balance. First, because I am expecting…
What is different between now and last summer? Well, on the headline driven stock market, not much. Therefore, until there is technical damage I am not going to let media…