Entry/exit signals for SPY QQQ TQQQ IWM SPX NDX based on VIX.
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Updates 1:48 AM EST - Wednesday 12/30/20

Summary
The dip for $SPX $NDX IWM came on Tuesday, just as we projected on Monday night.  $VIX $VXN charts show that this is likely a shallow dip for $SPX $NDX, and the Santa Claus rally is likely to resume.
        
Market Internals
Having said that, we want to emphasize that market internals still continue to diverge bearishly from $SPX $NDX IWM prices.   These dark clouds on the horizon will turn into a nasty storm at some point in the near future.   Just not this week. 

Entry/exit signals for SPY QQQ TQQQ IWM SPX NDX based on VIX.
Click here for our Signal Trades.   
​
Updates 9:04 AM EST - Tuesday 12/29/20

Shallow dip
Pre-market $VIX UVXY and general price actions indicate this will most likely be a shallow dip.   We've exited QuickBull TNA for now because it's acting the most bearish of all the indices right now.   There will opportunity to re-enter IWM TNA at a lower price. 

Updates 1:39 AM EST - Tuesday 12/29/20

Summary
$VIX $VXN are not showing any crash signals.  But they are showing that a dip for $SPX $NDX IWM is likely for Tuesday or Wednesday.   

Market Internals
Market internals continue to diverge bearishly from $SPX $NDX IWM prices.   These are the equivalents of dark clouds gathering on the horizon.   At some point they can turn into a nasty storm, but right now they are just dark clouds.   

Entry/exit signals for SPY QQQ TQQQ IWM SPX NDX based on VIX.
Click here for our Signal Trades.   
​
Updates  7:45 PM EST - Sunday (for Monday 12/21/20)

​Summary
$SPX $NDX IWM are likely to keep marching upward to higher highs by end of year.   

Market Schedule This Week
This will be a short week due to Christmas.   Stock market will close early by 1 PM EST on Thursday 12/24, and closed on Friday 12/25.   

Here are the important reports for this week.
Tue:   

• GDP 8:30 AM EST

Wed: 

• Durable Goods Orders 8:30 AM EST
• Jobless Claims 8:30 AM EST

• Personal Income 8:30 AM EST

• House Price Index 9:00 AM EST

• New Home Sales 10:00 AM EST

• Consumer Sentiments 10:00 AM EST

​
Market Internals
The current bullishness in stocks is starting to verge on irrational exuberance.    But as the famous economist John Maynard Keynes said, “markets can remain irrational longer than you can remain solvent.”

It is going to be disconcerting to continue looking at the bearish divergence between market internals and stock price actions.   These are the kinds of signals that can fool eager early bears.   

In our experience, bearish divergence can go on for quite a while.  At some point, the bearish messages will have a big bearish impact.   But not right now.  We have to trade what's in front of us, while keeping in mind that the good times will not last forever.

​$VIX $VXN
While market internals are showing the start of bearish divergence, $VIX $VXN are showing the continuation of more bullishness.

...
​Read the rest of this analysis, and get the latest entry/exit signals for SPY QQQ TQQQ IWM SPX NDX based on VIX here.

Click here for our Signal Trades.   
Below is a time-delayed excerpt from our live updates for members.

Updates 12:33 PM EST -  Friday 12/11/20

​How deep is the dip?
As we posted at 2:22 AM, there is not enough fear and panic for the current spike in volatility to qualify as a VMajor signal.   A VMajor signal is what we saw between 8/26 and 9/4, and between 10/23 and 10/30.    

But there is definitely fretting and worrying and hand wringing and profit taking.   So there is enough to cause a pullback in price.   The key question now is "how deep is the dip?"

The green support zones from the S/R table (posted at 2:22 AM) are key support levels.   $SPX $NDX IWM are very likely to find enough buyers to resume the rise from their green support zones.   

But $SPX $NDX IWM may not dip that low.   Don't forget that FOMC meeting starts on Tuesday next week.   And market typically does not have a huge sell-off prior to FOMC meeting.   Maybe after, but not before.

Still this kind of sell-off can cause discomfort for the bulls.   This is why we urged you to think about position management on Monday.   If you book partial profit, you will have the fortitude to hold through a draw down.   

In a strong up trend like what we are in right now, it's very difficult to precisely time the dips.   Lots of bears get burned by that.   But the dips can cause enough discomfort to make the bulls get out too early.   So position management is the key, and position management is a highly individual thing as it depends on how you trade.   

We've been sharing with you our position management strategy in Signal Trades.   We hope that has been helpful.

Get our highly accurate VIX-based trading signals for SPY QQQ TQQQ TNA here.

Click here for our Signal Trades.   
Below is a time-delayed excerpt from our live updates for members.
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Updates 1:56 AM EST -  Wednesday 12/9/20

Today’s rise in $VIX is not a surprise.  On Monday we shared this $VIX chart with our members to explain that $VIX may be rising soon. 

Last night and earlier today, we discussed how to determine if the current $VIX rise will become a major spike or a head fake.   Access full analysis and our trading strategies for SPY QQQ TQQQ TNA here.

Click here for our Signal Trades.   
Below is a time-delayed excerpt from our live updates for members.

Updates 12:24 AM EST -  Monday 12/7/20

Summary
Short Term:   $NDX $SPX IWM are all likely to continue rising this week as conditions are very bullish right now.

Big Picture:   $VIX $VXN are providing bullish tailwinds for stocks.   But they may get a substantial spike in volatility (VMajor signal)  later next week. 

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