Breakout_boomerang

Breakout_boomerang

New support on VIX has been established in light of the recent formation of a classic bullish catapult confirmed. Will post a bullish vertical price objective soon

Breakout_boomerang

As discussed in August, the long term trend has violated support line. Setup was initially looking for bearish triangle but ended up confirming with a double bottom breakout to break support line as noted at 4419. Authors have described in the past that triangles can at times be unpredictable when confirmed, so using the count from the bearish triangle the Bearish...

Breakout_boomerang

As previously discussed on Sept 6, bullish trend continues. Vertical price objective of 112.25

Breakout_boomerang Updated 

3 box reversal into a column of O's occurs at this level, could print bearish triangle, this could be a setup for retracement down to long term support. Would confirm at 4359

Breakout_boomerang

Dollar has entered long term bullish territory for the moment. Look to enter on pullbacks to support.