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VIX - Dark Cloud Cover at Resistance, Hammer on Major indices

CBOE_EOD:VX1!   S&P 500 VIX FUTURES
VIX is bullish since BoD signal on 19 Aug.
VIX is seems to hit resistance on 4 Sep and form Dark Cloud Cover Bearish Reversal Candle.
This Reversal is valid only if VIX drop and close below 27.8.
FiFT still +ve and ATOM still BUY.
However, there is a sign of Hidden Bearish Divergence.

Note: We want to see VIX to go down in order to have Stock to go up. VIX is normally use to gauge investor sentiment or fear. If VIX up, Fear is increase. Thus Stock down.
The chart showing that VIX is still bullish but potentially hit the resistance and ready to pullback based on Bearish candle pattern and Hidden Bearish Divergence formation.
FiFT is still +ve but the BULL force is significantly reduced. ATOM is still Buy.
No sell signal seen on VIX chart yet.

Major Indices:-
Mostly close with Hammer candle and supported by key EMA20 / EMA50 level.

SGX Stock Watchlist (4 Sep) - Filtering Criteria : Price > 0.10 Vol > 500K, Price > EMA50, EMA20 > EMA50, Turtle, FiFT, BoD and Volume Ratio
Frasers Cpt Tr :FiFT +ve signal with ATOM. Volume is 1.8 time higher than previous day volume .
SoilbuildBizReit : Slow Turtle Buy with ATOM. However, volume is lower then previous day. Price is 12% above EMA20. Might be too high to chase.
UG Healthcare – Buy on Dip candidate. Fast Turtle Buy with higher volume (1.3 time higher than previous day). Seems to be supported at EMA50 but FiFT and ATOM still SELL.

BURSA Stock Watchlist(4 Sep) - Filtering Criteria : Price > 0.30 Vol > 2mil, Price > EMA50, EMA20 > EMA50, Turtle, FiFT, BoD and Volume Ratio
BPlant - Slow Turtle BoB with volume , FiFT Spike and ATOM Buy
D&O - Cup and Handle breakout hittin first target at 1.1. Volume buildup, ATOM Buy and FiFT +ve
DANCO - Slow Turtle and Fast Turtle Buy, FiFT +ve signal, ATOM BUY. 0.615 target hit. Next is 0.675
THPlant - Breaks 0.38-0. 40 with volume . Slow Turtle Buy, BoD spot on. FiFT +ve. ATOM Buy. Next target 0.47
APPASIA - Bounce from Fibo 0.386. Buy on DIP with star. FiFT +ve, ATOM price line GREEN. Fast Turtle Buy. Volume spike up..
MMAG - Hit first Rounding Bottom Target 0.565. FiFT +ve, ATOM Buy, Slow Turtle Buy. Wait for pullback.


NASDAQ Stock Watchlist(4 Sep) - Filtering Criteria : Price > 40 Vol > 2mil, Price > EMA50, EMA20 > EMA50, Turtle, FiFT, BoD and Volume Ratio
CAESARS Ent – FiFT Signal with ATOM. Breaks 47.32. Next Target 54.6
BROADCOM – FiFT signal with ATOM. Volume is 1.4x of yesterday volume . Price is 6% above EMA20 and 11% above EMA50. Good candidate if you can risk 12% (SL below EMA50)
Immunomedics – FiFT signal with relatively higher Volume . Price near key EMA with attractive Risk Reward Ratio








Comment: Sign of reversal candle appears in most sectors (FiFT still -ve)
VIX - Fast Turtle Sell triggered. However, supported by EMAs. FiFT still +ve


Bull is fighting back but Bear is still relatively strong.
Expect dead cat bounce. (Bull will kick in first, but Bear might attack if Bull fail to gain momentum)
Comment: US Healthcare sector

Bigger picture
+ Breaks Cup and Handle neckline (Resistance).
+ Pullback and retest previous neckline and forming Hammer.. Potential Resistance turned Support
Comment: US Technology Sector

Weekly Chart
+ 10% Pullback and bounce from Fibo .618

Comments

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