Signals & Trading Plan for Monday 12/30/19

Since 12/16, we’ve been describing how $VIX $VXN have been forming an “anchored-to-rise” pattern.  And on 12/23, we wrote: “$VIX $VXN patterns right now suggest that a shallow dip is coming.  It most likely will appear right after Christmas.”

Meanwhile $SPX $NDX $RUT ignored the message from $VIX $VXN, marching gleefully up along with volatility since 12/16.

But on Friday 12/27, $VIX $VXN finally got some attention as $SPX $NDX $RUT dropped sharply at the start of the day.  That, we believe, is the shallow dip mentioned above.

So is it done?

The full article covers:
Market Internal Indicators
Support & Resistance Levels
Market Projections
Planning Your Trades

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