20 days trend: Up and strong, with a clear change in the peace of how fast it is going up.
VIX: 17.7. We are gettig lower from the highes points of last week, but we still need to be carefull here, it seems like the market want to be in balance.
Market:
From the open to now, the market has been doing a balance excersie around what seems a VA at ATH. From here, there are a few case scenarios that might be possible:
1.-The market come back to VAL, and balances around before going looking for a new ATH. 2.-The market goes directly into ATH. 3.-The market fails, and goes to VAH of the previous VA.
From here, I will like to go long if we see the previous VA, I'm not willing to buy the break out. Long at 4167. Stop 4159. Target 4183.