Charts to help navigate through trends. XBI – Gold Stocks – Volatility Index “VIX”
Charts to help guide on recently opened positions.
This failed breakout attempt on the VIX gave us all the more confidence in our long positions this week.
The overall market hasn’t been all that exciting today …yet this index continues to show that fear is lessening and is bullish for stocks.
Hangman, potentially indicating a reversal. Confirmation is still needed.
The fear in the market is real. Only question now is, how long before it goes away? We’ll take this one day at a time …and as always and be updating daily, during market hours to subscribers.
VIX Confirming weakness. Extreme bearish can be bullish for the market.
This move signaling bullish for the market.
