$SPX $NDX $RUT are now in Major Pullback5. Futures are showing a bit of a bounce in price tonight. Here are some key questions to ponder:
It turns out that there is a wealth of information in $VIX $VXN charts to help guide us in deciphering the bottom. And we have found that volatility charts are much more reliable in their signals than price charts. You are not as likely to fall into bull or bear traps.
But $VIX $VXN charts are not easy to decipher. So read our latest trading plan for analytical techniques to determine the answers to these questions.
The full article covers:
Short-term Support & Resistance Levels
Market Internal Indicators
Market Projections and Trading Plan
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