jakelikesstocks

jakelikesstocks

Chart Summary: The bulls did the best they could to hold the main bull trendline on the head of the head and shoulders. After that the bears feasted and heavily and broke through 3 trendlines with relative ease. We are now working on the 4th trendline which I do expect us to break through with similar velocity. If bearish momentum declines significantly, my buy...

jakelikesstocks

Here's a pretty clear head and shoulders that's currently breaking out. With a lot of pressure on the equity markets this week, we may be looking at a lot of bullish momentum on the dollar for the next few weeks.

jakelikesstocks

Here we see a head and shoulders appearing inside of a bear flag that we established since Oct. 27th. We are in for a long week ahead, cash is the best place to be.

jakelikesstocks

There are a few things that occurred today that strengthened my overall bearish thesis on the market. I'm supporting that by charting the VIX to see where we could possibly go by using patterns and indicators. The VIX measures uncertainty in the market and has an inverse correlation to the stock market. When the VIX goes up, buyers and sellers become less certain...

jakelikesstocks

Here is your daily VIX update. I'll be tracking this closely as we head into the election and post daily updates to see where we are in the trend process if we are able to maintain it. With extreme uncertainty in the markets already and with much more to come, I have a bullish view on the VIX over the next 3 months. Right now, I don't believe we are in jeopardy...

jakelikesstocks

Hello, This is a bullish view on the VIX using Technical Analysis. Let me know if you have any suggestions or notice anything. Personally, I'm very bearish on the market right now due to delayed stimulus, the possibility of a contested election, and a possible second wave of coronavirus. Thanks! CBOE:VIX

jakelikesstocks

Hello, I just started doing TA recently and have fallen in love with it. I believe there are many undiscovered or developing patterns occurring all the time in the markets. For this reason, I decided to do a bullish perspective technical analysis on the VIX. I set this up in a 3D time frame but if reduced, you can still see the pattern clearly. I'd love feedback...