zelada

zelada

The VIX has attempted to break the 19 resistance barrier several times during the past 10 days, a move will come soon. May is usually a month with lots of volatility, and a well known motto in wall street is sell in may and go away. Market is not looking particularly confident in either way so we could also be going sideways between the 18 and 20 area unless...

zelada

Decision time is here, we are in between resistances/support, if we break up a correction to the pink box is likely if we stay below the lines bearish trend continues as previously published.

zelada

The trend looks bearish, we've broken the descending triangle in red and are now sitting within the lower channel that could take us back to the 13 levels, if market stabilizes. There could be a correction to 19 where there is a small open gap waiting to be filled, if we get there a spike to 21 and 22 resistances is possible - depending on the catalyst - those are...