TLT appears to be bottoming/finding support. This also suggests that rates may be finding a top soon. But I do not expect stocks to reap the rewards thereof, as I expect Bonds to get bought up as a form of safety very very soon.
$AMD trade plan, we may see it test anywhere from 92 to 87 but it reports earnings on 4/26 which I have a hard time believing at it's valuation it would not get bought up into earnings. Thus, I am loading the $110 strike 4/29 calls that capture earnings. Gluck!
Not sure, but it found Log chart parallel channel support. Goodluck, earnings in about 15 sessions.
No free lunch here, only a shared perspective to be on watch for.. January vs. now $VXN setup.
Just an idea, but has sub 15 p/e and should be extra profitable this year..
The key levels seem to be 4280, 4260, 4250 (Vwap from low), 4230, and the prior low.
Long-term channel
Goodluck.
My view of time-cycles looking at the VIX using the weekly view.
(Opinion Only) Could be direct move or take a few days, not advice. Just my interpretation of the chart.
(Opinion only)
(Opinion only) Trade at your own risk.
(Opinion Only) Strategically bearish until this is invalidated. I have call spreads and am looking for put spread entry on any spike higher. Goodluck.
(AVGO = short candidate) Opinion only