Good chart-gan fans with backwards fib times, 2nd shot VIXX <3

Aug 20, 2018

Because the vxx bounced higher off the gann fan level top,
vxx has a tendency to bounce above then go below...
vxx has a tendency to bounce off the middle of the gann levels
this pattern looks similar to the pattern where vxx next established a lower support, (lower and bounce)
the rates of interest are getting raised, so that is a midterm(week+) sign of higher vxx
the trend line crossovers have been a good area of action for stocks ipso facto vxx*

Aug 20, 2018

Note

spy opened strong today, it's more set up for a bounce. back to the 37 range with 50* /partial/ consider if the spy tips higher then market reacts. until September 11/

Aug 20, 2018

Note

July 11 – The Bank of the United States reverses its policy of expanding credit, and sends notices to its borrowers nationwide demanding immediate repayment of balances due; the defaults during the next six months will trigger the Panic of 1819.[7]
1818 200 years ago!
en.wikipedia.org/wiki/1818
Under the management of the first BUS president William Jones, the bank failed to control paper money issued from its branch banks in the West and South, contributing to the post-war speculative land boom.[48][49] When the U.S. markets collapsed in the Panic of 1819—a result of global economic adjustments[50][51]—the central bank came under withering criticism for its belated tight money policies—policies that exacerbated mass unemployment and plunging property values.[52] Further, it transpired that branch directors for the Baltimore office had engaged in fraud and larceny.[53]

Resigning in January 1819,[54] Jones was replaced by Langdon Cheves who continued the contraction in credit in an effort to stop inflation and stabilize the bank, even as the economy began to correct. The central bank's reaction to the crisis—a clumsy expansion, then a sharp contraction of credit—indicated its weakness, not its strength.[55] The effects were catastrophic, resulting in a protracted recession with mass unemployment and a sharp drop in property values that persisted until 1822.[52][56] The financial crisis raised doubts among the American public as to the efficacy of paper money, and in whose interests a national system of finance operated.[57] Upon this widespread disaffection the anti-bank Jacksonian Democrats would mobilize opposition to the BUS in the 1830s.[57] The national bank was in general disrepute among most Americans when Nicholas Biddle, the third and last president of the bank, was appointed by President James Monroe in 1823.[58]

Under Biddle's guidance, the BUS evolved into a powerful banking institution that produced a strong and sound system of national credit and currency.[59] From 1823 to 1833, Biddle expanded credit steadily, but with restraint, in a manner that served the needs of the expanding American economy.[60] Albert Gallatin, former Secretary of the Treasury under Thomas Jefferson and James Madison, wrote in 1831 that the BUS was fulfilling its charter expectations.[61]

Aug 20, 2018

Note

charting a few stocks gave me the impression that semtember 11 will be a big decisive day for stocks to rally or within a few days of said date, So...if stocks rally, then there is a selloff, for vxx to go higher, if stocks do not rally there is a reason for overall market volatility to rise. Both ways, This could be a great area to get into stocks early September but keep stop losses tight, as the vxx shows quick sign of strength, with a then continuing show for the key stocks that move with the interest rate. (tend to be the stronger stocks)

Sep 6, 2018

Note

tomorrow