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 […]
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SILVER Potential Significant Lift
as published in TRIGGER$ Feb Issue – Feb 1st 2016 Weekly: Silver remains within a downward channel (green) and has held at previous lows. Potential for a bounce to retest significant technicals. W%R is lifting indicating positive pressure may be coming back – need to see lift past previous turns at low levels on indicator for […]
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 […]