QQQ Bearishly Engulfed Just Below Gap
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…
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…
So here is what JPM thinks... One big reason you should be in the stock market right now: J.P. Morgan Boiled down, that reason is that if Trump stops rampaging…
If VIX were a stock I'd be buying it right now. Look at that initial impulse upward, the hard flag back to the up-turning SMA 50 and new bounce attempting…
This is the weekly chart of SPX and VIX that we used last year in NFTRH to plot a summer grind upward into what was projected as an 'M' double…
If VIX were a stock I'd be saying look at that little potential bottoming pattern; look at the now green MACD & RSI, positive AROON and ADX turning up. I'd…
I've opened up this premium subscriber update posted yesterday as the market was dropping, the news cycle was ramming it home and the VIX was spiking 29%. We remained calm…
Several weeks ago we introduced a scenario that could see an opposite situation to the 2015-2016 top (that wasn't). For successful market management you need to have options at the…
The VIX is once again very depressed, along with the bears' spirits. We have for much of 2018 been trying to figure out if the VIX is replicating Thing 1,…