Relationship of the VIX and S&P 500. Key areas to watch on are 44-37 range on the VIX and on the RSI 51. We will not see a sustained rally on the S&P500 until the Vix RSI fails through 51 while the Vix capped under 37 level. The market will need some time to work off the volatility surge if this Asian contagion is actually over. However the market should not...
A closer look at the longterm structure of the DXY can put whats going currently with the US Dollar into better perspective.
The current bull wave has more similarities to the mega trend of the 1980s' that lasted 2303 Days or approx 5 years. With each leg of those waves ranging from 400 to 800 days long with consolidations that lasted from 160 - 320...
Crude oil is rapidly approaching two major levels of interest. There is blood in the streets now and this is the time we look for opportunity. This is a risky play and will need expert risk management.
Two levels to watch. 1st is the key level at 48.13 which should stall price and allow it to consolidate some on this last leg of the drop before having the...
Price remains trapped between 362 & 345 for 2 trading session. Would expect to see a decisive move by 4am Est on the 24th tomorrow morning.
Moon Phase has shown New Moon and a new move should be imminent.
Looking for a breech of 362 to test 368 379 which will violate the downtrend we are currently in from the most recent high of 471. Key...
Market is extremely oversold & fear at a 2 year high as indicated by the VIX. The opportune moment o have shorted this wave has past and we could face a potential technical bounce while the S&P 500 holds above 1851 level. Caution adding into existing shorts or establishing a new one here.
Bitcoin BTC like all other assets are interlinked within the global asset matrix we call the capital markets. A powerful USD must be respected across all asset classes. For now the USD is in rally mode. Longs vs USD in any asset class is very dangerous and not recommended.
Global currency, oil, precious metals, digital currency it doesn't matter. If your...
@Kazonomics - $NKE 1 Day
Looks good to the long side after brewing out of this year long consolidation.
Bullish Scenario. Breaks & Clears high of 82.79 for nice entry on its way to target of 87.44
Bearish Scenario: fails support at 80.20 and returns to consolidation range.
Great looking break out in Nokia. Following a long term decline this heavily out of favor handset maker is pretty much off the radar with the recent announcement of $AAPL's iPhone 6's.
The S&P 500 is in a raging bull market with many companies breaking all time highs the setting is right for a sympathy play.
Price structure must support this logic always...
Betting against the USA can be bad for your portfolio longer term. Bias is a killer in all time frames. Many would be "smart guys" have debated the end of this mega trend based on their so called understanding of the US debt situation or other "urgent crisis" they are sure is going to bring about the end. All this while being too myopic to zoom out for real...
Sentiments and fundamentals can change going forward nothing is for certain in the regulatory landscape. Increased regulation is obviously coming our way. As we draw nearer to the launch of a Bitcoin ETF I would expect to see some more guidance by September 2014 in capital markets & International Money Laundering Regs applied to digital currency which will...
Murphy Oil is in a consolidation pattern at the high of a very bullish run
Bullish Scenario: MUR clears 67.07 heading for target area at 73 and extends the move
Bearish Scenario: a failure of 65.70 would indicate the possibility of further selling as it pulls back towards support in the 60 area
A look a the relative highs and lows this year in the CBOE VIX index vs the SP500. The market has grinder higher for the last 5 years in the face of all the negative talk against the president and economy. In the end its going up period. Till its not why keep guessing otherwise;)
The trend is your friend they always say.
5/21/2014 -BTCUSD LONGTERM ANALYSIS
Here you can clearly see the different eras in Bitcoin. Recent investments in to BITPAY by some very notable billionaires is worth paying attention to when you look at what Marc Andreessen states in his response to Warren Buffets misread on the value of Bitcoin. Andreessen is 100% accurate in his understanding of...
A look at the Monthly and Daily performance of FX Majors vs the US Dollar. You can see the correlation & overall tides in the market caused by Central Bank policy actions. Great way to get an overall look at the market before you zoom into any one cross. GL