-Bearish engufling candle today -Bearish MACD cross -Continued weakness going into year end -Looking for gap fill to $27.50ish -Then move to $27ish -If $26.30 breaks, could see move back down to $25
-Possible inverse head and shoulder pattern setting up -Large gap below to $8.14
-IWM rising wedge -Over bought with volume drying up -Gaps below as targets
-VXX longer term outlook -Looking for a move to $24-$26.50
-Bearish cross on Macd incoming -Break of symmetrical triangle -Large volume for confirmation -Targets indicated below
- Inverted hammer - Not much support below $29.30ish - Gap fill to $23 - Earnings tomorrow
- Earnings tomorrow - Rising RSI - SItting on volume shelf - Break of $8.35 has a lot of room to the upside
- Weekly falling wedge - Price held relatively well after CRON report - Printed a doji candle at the bottom of weekly falling wedge - Still sitting on massive volume shelf