The VIX has been expanding since about June 2014. Note the spikes since then and the expanding wedge pattern. Market has the potential to spike back to the blue wedge resistance at any time. Note spikes lifted to previously define market levels; where these and the wedge resistance meet offers target considerations. The W%R is […]
Trig TA INDEXES
S&P Long-Term View: Controlling Channels & S/R’s
Market broke down from green support, spiked in to HPTZ(C2) and bounced back to the previous purple s/r beside HPTZ(C1). Retest of green s/r would be normal market movement; a break up through this could see a move back to D1; pattern allows for a lift all the way back to D2 and still be […]