SPX correction intensifies in the short termA close at 3329 in the SPX sits exactly on the SSSA line of the day ichimoku cloud.
A test of the base of the cloud is imminent. The baseline forms support for now. The Teken level on the weekly charts is at 3350, this has been violated giving way to more weakness.
Bottomline: A resumption in the uptrend must see a bounce from Friday's close at 3329 to 3375 for the MT/LT uptrend to resume. A break and hold below the SSSB line on the Day charts may signal a corrective move to 2973, The Supertrend line on the weekly.
Vanguard
SPX UPDATE 140920 : SHORT TERM WEAKNESSShort term weakness on the SPX since the short signal on the 030920 continues to the new trading week of 150920 spanning 14 days. Short term support is now between 3150 - 3280.
A break of 3150 will see a corrective retreat on the weekly charts to 2973.
Alternatively, a break and hold above 3443 will resume the uptrend of the SPX on all time frames.
LXXGF LEXAGENE ON A SHORT TERM DOWNTREND TO TEST 53 CENTSLXXGF LEXAGENE holdings is on a short term downtrend to test the SSSA line on its weekly charts.
Short term target is $0.53. A break of $0.53 below will test $0.30 (All time Lows)
A break above $0.67 will resume its uptrend to test $0.80.
Pivot to the upside is at $0.80 cents for any upside breakout to the highs.
Vanguard S&P500 ETF (VOO): A Full Recovery Approaching?On the 27th May 2020, we saw the Vanguard S&P 500 ETF (Symbol: VOO) rise above the 200 Moving Average. Today a share is worth 301.99. Before the tremendous drop on 20th Feb 2020, prices closed at a high of 311.39. The fact that we are already above the 300.00 mark and only just 9.40 from its pre-COVID high, has VOO really recovered? Nevertheless, it is still a worthy investment considering its performance since it started on Sept 7 2010. It is also outstanding how it managed through COVID this well. It will probably be a long time (excluding market noise) before it formally hits such low prices again.
Long MFA Financial here as Weekly MACD is about to crossThis one is too easy...not a ton of downside risk as chart loves support here. I would say a 10%-15% stop loss is fine as you wait for this to break out.
Short volume will also be covering a long with some better economic forcasts in the days to come. REITS will be GREAT again.
I'm actually surprised the sideways nature on this...should curl up here to at least test our first resistance zone of about $2.50 - if it breaks that then we will see you over $3.60 in the near term.
VANGUARD Index Can Explode By 2020We can see the reverse head&shoulders formation started in January of 2018 has been now completed the first shoulder and head. Right now, we are in the beginning phase of second shoulder formation. Most probably by January 2020, reverse head&shoulders formation will be completed and the value will test 162 which is the resistance of uptrend started in 2018. Also it will be the new ATH and than we can see some correction to 154 support line (which is ATH for now).
RSI is also approving the upmove of the Vanguard Index value.
$VUG indicators bullish | Possible run up to 160's$VUG
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Vanguard Total International is filling a gapIf VXUS makes it down to 48.**, it would be selling at a considerable discount. you could short it now or pick it up at near term lows. it should probably be expected to go up, as there is a resurgence of international zeal in the Global markets. ****Only .11% fee*****
VVLU: Vanguards firstVanguards released its first actively managed ETF...
I've always wanted to invest in an ETF however, wanted an actively managed ETF with exposure to the global markets.
Now VVLU might be an answer for me so ill keep an eye on this one and see how it goes.
Until I jump in we will sit, watch and get a little more educated