VIX remains at lows. Potential still for lower levels – watch support. W%R is at lower extremes indicating negative pressure and more down potential. Also potential for an extreme spike, technically $76.00 is possible – however there are a few other resistances to watch out for if the market starts to lift. W%R needs ot […]
Trig TA VIX
VIX Expanding, Spikes Possible
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 […]