Two rejections for the $VIX at the 200 day moving average in the last two months. $X testing short-term resistance for a possible breakout. Something is begging to break right now. $TLT is heading for lows not seen since 2007. Two Rising trend-lines to watch on $ON.
$EBAY getting a pop out of news from $BX, but this support level could be tested yet again, and if broken, I'm looking for a move down to $40. Good chance $VIX gets to test the $18 level. Long-term trend-line for $MSFT was broken yesterday, and now attempting to hold [...]
$F Cup and handle formed, followed by the potential for a bull flag. Another couple of days of consolidation here could create a fantastic long setup. $VIX hard bounce off price level support, now testing declining resistance. $AMD breaking below its rising trend-line that goes back to January. Major technical [...]
$WING testing key support, and on the verge of a breakdown that has the potential for a move to the $130's. $VIX back to testing a major support level. Break it and the 11-12's are within reach. $EOG triangle forming - worth waiting for the breakout to help determine future [...]
$IBB bouncing off of the rising trend-line from October '22. You'll still want to be mindful of overhead resistance. $CVS for a second straight day testing key support that if broken goes back down to 2019 & 2020 prices. $VIX running into heavy resistance at the 200-day moving average. $TNX [...]
Michael Burry bought $CHTR and as you can see it is breaking out of a long-term basing pattern that goes back to last year. This one could have some legs to it. $VIX still can't break above resistance. Volatility shorts continue crushing the index with every bounce. Strong bounce so [...]
$DOW continuing to hold support going back to April. Could see a bounce here. 4th day in a row where there's been a big fight to keep $VIX under that 17.10 area. Today's candle not looking that great either, despite the 8% in gains so far. Needs a strong finish [...]
$PLTR Rising trend-line off of May lows tested and held so far today. Attempting to bounce from here. $VIX pulling back some today, but still hovering just below a significant base breakout level here. $MRNA was a one trick pony, and not one worth ever buying the dip on. Now [...]
$AAPL in one week has wiped out over 6 weeks in gains, and could be headed for a much bigger pullback to long-term support. Heavy resistance seeing a break today. Strong volume of late as well for $MOS $AMZN coming up on major long-term resistance. $VIX continuing the pattern of [...]
$EA breaking below key support and, so far, failing to bounce. Worth staying away from, for now while it searches out a new bottom. $MSFT possibly putting in a significant topping pattern and breaking below key support here. $VIX break in the declining trend-line, and a break over 17 would [...]
$VIX hitting declining support here. Have seen a few bounces, but nothing substantial of late. $ABNB testing price level resistance, nice consolidation underneath. Watch for channel resistance on $EXPE even if it does manage to break out of the bullish wedge. $ENPH with a hard rejection at the broken trend-line. [...]
$RCL reaching major resistance following an epic 1.5 month rally. Caution warranted here. Textbook inverse head and shoulders pattern playing out on $WTAI. Hardly a hawkish pause by the Fed as Post FOMC $VIX rushes for the 13's again.
