Hello dear traders and friends, I hope you are all having a great week. Let's take a look at Crude Oil prices, where it appears that the price has formed a support level around $80 to $82 after a 14% bearish move since the top formed in late September.
In the 4-hour timeframe, we can observe that the price has already shifted its bearish market structure to the...
Simple analysis here. The VIX is closing in on strong dynamic and static support.
Buy volatility, sell/short high-risk assets (1-6 month timeframe).
No change in my intermediate and long-term thesis. Still early innings of a bear market. Market conditions are steadily worsening.
Looking for a move in VIX to the static resistance level of 35.8 in the coming...
Hi All, my main 3 take-outs from this analysis are the following:
1- I do not agree with those who say that Wish has no upcoming support and that it is in free fall! Not at all! The support is a static one, it is very visible in the daily chart, and it is shown in red. The lower trendline of the descending wedge is actually acting as support and the price is...
