ChemRatic

ChemRatic

> Earnings in for major companies bullish, but overall sentiment of market bearish > SPX hit resistance at low part of head & shoulders > New VIX cycle beginning > UVXY bottom at 13-14, target of 17-18

ChemRatic

> Created a clear head and shoulders > Broke 200 ema > Broke several resistance points > RSI lingers in undersold territory for 4 days now, no indication of bouncing back to 'normal range' > VIX progressively hitting higher highs since September > General market sentiment very low with pending rate rising, alongside a year of less $ stimulus, recognition of...