Timing Stock Market Successfully
  • Home
  • Members
  • Testimonials
  • Subscribe
  • Contact
  • Home
  • Members
  • Testimonials
  • Subscribe
  • Contact

Signals & Trading Plan for Monday 6/24/19

6/23/2019

0 Comments

 
Members click here for full article.
(It is currently free to join our membership.)


Here is an excerpt from our trading plan.

Surge4 is ending; Dip4 is starting
On Thursday evening 6/20 we wrote about the sharp intraday drops and rises in $VIX $VXN:

“This sharp drop is actually the first in a series of complex moves by $VIX $VXN to build an under-the-hood setup to rise back up.  The move has started on the intraday charts for $VIX $VXN.  We are likely going to see some unpredictable intraday swings by $VIX $VXN over the next few sessions.  But basically, we are going to see them bounce around in these zones:
$VIX:    13.91 - 16.03
$VXN:  18.21 - 20.42

While $VIX $VXN do their funky dance moves up and down in these zones, $SPX $NDX $RUT are likely to keep rising.  And then at some point next week, $VIX $VXN will be ready to spike as Surge4 ends and Dip4 starts for $SPX $NDX $RUT.”

That is pretty much what happened on Friday 6/21. 

And at this point Surge4 is ending for $SPX $NDX $RUT.  We should see Dip4 start Monday or Tuesday.   So let’s take a look at market internals.


Market internals
Volatility:  The most important message from $VIX $VXN is this.  The Up Trend that started on 12/26/18 for $SPX $NDX $RUT is still intact for now, but Surge4 of this Up Trend is ending, and Dip4 is starting.  

On Monday or Tuesday, $VIX $VXN are likely to do one or two intraday swings, and then start to rise steadily up as Dip4 progresses.  $VIX $VXN are likely to run into resistance in these zones:


The rest of this article covers:
Volatility (more)
Market breadth
Trader sentiments

$SPX $NDX $RUT support & resistance zones during Dip4
Trading plan
Register here to read the rest of the article.  All free.
0 Comments



Leave a Reply.

    Archives

    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019

    Categories

    All

    RSS Feed

Copyright (c) 2019-2021 LOOK Systems LLC
All rights reserved.