PowerIndicators

(SPX) DXY VIX KEY Juncture at the Key 4273, Aug-Nov Analysis

TVC:VIX   Volatility S&P 500 Index
Hi Everyone! I hope you are having great summer so far...

Lets review Key Markets Critical support/resistance areas to prepared for in this video:

SPX 4500-4273-3403-2935

VIX 18.5-35

DXY 105-111-113

We can cross these ranges with some seasonal patterns to come up with some simple but powerful scenarios.

We are about to test on the SPX the Lower High channel at 4500-4273 on a flat August Month leading to the key weak months September - October and upcoming mid term elections


Hope this video helps
Take care
Marc

PS:Refer back to our updates on NIO/MARA /BABA trade ideas for updates or to learn how to structure the DOTM trifecta put strategy for income and asset accumulation at reduced prices.

Decision Tools and Ideas by Traders for Traders
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.