$BLK potential Inverse Head and Shoulders if we see weakness in financials into weaker seasonality
SPX and SPY are setting up for a potential retest of the bearish trendline breakout, likely a good level to try a bounce and lock in some profit if short
perfect bounce of the VIX off its long term uptrend, doesn't bode well for indexes most likely
Volatility has been crushed with little fear showing, but has maintained the upper trend, bouncing where it needs to so far , weekly chart
$SPX & Fed Liquidity are obviously intertwined, how long will this direct trend continue?
$NFLX filled gapped, overbought, into VIX seasonality is recipe for a potential short opportunity
Nice breakout for junk bonds but had similar move before more weakness in last market downturn
$TNX nearing support of its recent uptrend, an indicator to watch as we get closer to FOMC and VIX seasonality
With the recent $VIX crush markets are resetting sentiment and creating an excellent hedging / short opportunity in markets Upcoming seasonality favors a $VIX bounce with middle of January typically marking a bottom before a year high in March from a seasonality perspective charts.equityclock.com
Lumber bouncing so far for 2023 is something to watch as previously lumber has been a key indicator of coming weakness in markets If lumber should fail here and continue downward will it be foreshadowing the next leg of this bear market?
Breakout needs to confirm tomorrow or looking at potential double top
SPX Gap Filled - Day Before CPI Release for December VIX at 21 Leaning overshoot of trendline before rejection from possible higher core CPI
A long term favorite but lightly positioned in current environment, target for next VIX > 30
Potential breakout for this favorite of several value investors
Seeing a potential double bottom in this blue chip name. Remember this was the original Elon Musk / Peter Thiel play
Previous rejections in this SPX downtrend has led to nearly 20% moves putting SPX around 3250 sometime in Q1 if pattern repeats
Expecting a choppy year ahead as the second year of quantitative tightening begins. With M2 money supply shrinking and current VIX levels signaling a near term decline in the indexes, Q1 seems gloomy. Soft landing scenario and price targets are my expected year ahead but leave room for a harder landing. A potential white swan is an early end to Russian war which...
Still in downtrend for now, needs clear break to 409 area. Next test would be in the 420's