Been flirting with 80 for a while. Close over and we've got a shot at new swing highs which hasn't happened since 2014.
Even with rate hike chatter, both about even. Choppy year to this point.
TSI is similar to MACD. Both that and RSI have trended lower over past few years as price has trended higher. Will post two more charts showing last two big drops and how this also happened.....
My charts suggest a close today below 32.20 and the vxx could smash back into the 20's
My charts are showing a gap up in $qqq will be over resistance. Similar to $SPY. New highs are the target. Greece, Ukraine, Economic data still has a lot of people cautious which will force them to buy higher.
Hoping to see higher $VXX prices with lower RSI and Stochastic readings. Will sell QQQ puts if/when that occurs
$VXX losing a bit of momentum and not crazy high volume like Dec and Oct. Divergences forming in RSI and Stoch. Want to see a bit higher prices and continued divergence in RSI and Stoch to sell $SPY puts and buy OTM calls.
New highs should be in store in early 2015.
took a little under 103. let's see how she acts. I am expecting $baba to be a STUD in 2015. 150 minimum.
Close over this line could give us more room to run
Maybe is stuff doesn't work, but still interesting to see
If 2.47 lows hold, we have an inside week showing downside pressure is slowing. Over 2.79 next week and we can really get going
buying above 200 hourly has worked well with this. Stop below close of 200 hourly.