Goog…678-81 is the next support. Then look for it to travel in $10 increments. AAPL…563 +- a couple is the next level. BKX…it’s presently sitting on a 50% fib for this last swing ( 47.80 ish), which is a must … Continue reading
Yesterday’s low in the Vix @ 17.20 was near perfect support. This is a chart we like for the risk off crowd on any break. This low matches the current double top on a weekly … Continue reading
1593 is the 50 day mvg avg in the Vix. This has been a low risk way to play the directional swings for months.. Price recovery back over 1670 is needed to confirm a low. AAPL…is sitting on it’s 200 … Continue reading
Now that we’re trading at the SPU tgt level I was looking for in Nov. “1319” area, We’re going to buy a little portfolio insurance against our remaining long exposure. Buy the SDS/ Short the S&P 500 @ the market! … Continue reading
Here is a side indicator to keep an eye on. This is a quarterly look at the Vix.. 48 ish is the Top 1/2 way back from the 2008 crash low is app 51.85