We can look at VIX vs SPX chart: two bottom areas VIX match two up areas SPX. What can we expect in the near future? Scenario 1: VIX up matching SPX down (double top @1420 for SPX) Scenario 2: Vix sideway matching SPX up (ElliottWave thoerists could see a 5 wave, i think). Share your thought, please
Facebook seems to be narrow in 20-19$ range. Price's bearish, Volume's bearish ( minus per minus = plus?), momentum and strength neutral. We cannot say Buy or Sell, but Wait for a good signal with high probability. Upside above 20, target 22.45 (double short-term swing resistence), then 25.50 (close the gap).
After 3,5 months in a sideways movement, Gold breaks up 1625 resistence. Based on technical chart we can expect a bullish short term uptrend to 1738. We wait for a closing value above 1625 to confirm the signal, with stop loss under 1585. The trend is correlated with EURUSD, that's in uptrend at the moment, above 1.2450.