VIX is bouncing at the beginning of the month VIX has bounced from the uptrend support line 21 and started the best two months of historical performance with the gap up. This should be confirmed with a break above 23.70 for the upside reversal continuation. Indicators are supportive of […]
VIX is making a big turn Read More »
NZDUSD is retesting the broken downside resistance NZDUSD is testing 0.6300. This is a previously broken downside resistance now turned downside support. It is also a backtest of the broken downtrend channel and this resistance should hold the upside correction. Only a confirmed break above 0.6400 would lead to
NZDUSD is reaching the downside support Read More »
Bitcoin bearish flag in the full swing Bitcoin is testing again 24000. It is the upper bound of the bearish flag which the instrument can’t break above. A rejection here and a break below 21000 would lead to downside continuation, while a confirmed break above 24000 is required for
Bitcoin bearish flag is reaching the apex Read More »
Oil tested the strong support and bounced Oil is bouncing off the 95. It is bouncing from the important support level and this level hold could mean a continuation upside if we get a confirmed break above 104. A break below 95 and 90 is now required for a
Oil is bouncing off the support Read More »
NASDAQ is rejected from the downside channel resistance NASDAQ is testing 12700. It is being rejected from this level and is pulling lower to test an important wedge downside resistance 11800. Indicated are the two most important levels to watch ahead of the FED decision and a continuation of
Nasdaq is it easy now? Read More »
