Updated Friday 10/18/19 at 8:34 AM EST
Projections based on market internals Yesterday we wrote “$VIX $VXN short-term charts show that volatility is likely to climb by a small amount, enough to bring about a Drop.” $VIX $VXN are likely to continue rising some more today Friday, as stocks are likely to continue the Drop a bit more today. However, the magnitude of this volatility rise will not be big. So as a result, the magnitude of this Drop will not be big. The odds are high that this Drop won’t go lower than Support1 (see latest S/R table above). The rest of this article covers: Projections based on market internals (more) Table of support and resistance levels Planning your trades Register your email here for full access to all our nightly analysis, trading plans and intraday updates. No credit card. All free.
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Neil McCallum
10/18/2019 09:22:17 am
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