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As you most likely already know, the VIX variations are famous for heading downwards over time as the markets become more stable again. However, as you can easily note by observing the charts, there are times that there are breakthroughs, and they are usually extremely aggressive. I have been watching TVIX very closely for the past few weeks and I believe it is...

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After what certainly appeared to be a negative breakthrough of TSLA yesterday is turning around quite quickly. After 'CEO' Elon Musk's rather interesting interview on Friday the share price dropped 6%. However, now there has been an incredible price rejection and we are looking bullish again. Looking at the RSI it is clear to see that TSLA has been under bought...

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Although SPY's counterpart DIA broke through resistance last week, SPY has maintained itself within the ascending rectangle pattern. While this provokes the idea of continued bullish activity in the longrun, we will not be seeing any big moves in the near future. Market is still looking great though.

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As stated in a previous post regarding AMZN's breakthrough, it is necessary for the price to display a confirmation movement in order to be qualified as bullish. Looking at the circled area, it is very evident that this confirmation was made today as DIA bounced off of the previous resistance directing itself back upwards. It will take a week or two for a steady...

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BTCUSD certainly has had it's ups and downs recently. It may be quite obvious that overall, it is stuck below the strongest support curve that we have been able to maintain which is never a good sign. In the short term though, there is a very defiant uptrend which should be sustainable for anywhere between a couple months to a year. Although BTCUSD took a huge...

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As you probably know already, AMZN has recently hit an all time high becoming the second company to reach a 1 trillion dollar net worth (behind AAPL). However, during this breakthrough the share price has broken a resistance which has proven to be pretty tough in the past. With multiple strong rejections, it is very pleasing that AMZN was finally able to break...

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After the fatal breakthrough of the long run support curve dating back to early 2017, BTCUSD has created enough momentum to break back through and now rests above this support. While this may not seem like such a large event, this rebound suggests that we have not yet seen the end of the bullish behavior. We can expect, with the current strength of this rebound,...

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As you can observe in the chart, the Dow Jones price has bounced creating a new support curve. The resistance created by the past three peaks intersects with this support curve on July 6th. Until this day, I believe we can expect bullish behavior within the ascending triangle created by these two curves. However, there are several other factors that obviously...

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After last week's downward spiral confirmation, TVIX has proven its volatility as it broke through the resistance once again. This jump was a result of the recent breakthrough of DIA as it plummeted through the market's support curve. However, this may be a very short term jump considering the market's support was extremely aggressive. I will assume - and this is...

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As you can see, BTCUSD is once again challenging the long term support curve dating back to early 2017. This curve is responsible for the recent rejection as the price plummeting down from the all time high a few months ago. Can we expect the same again? Most likely. There are a few reasons why I stand by this opinion. 1) This support curve has had several...

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As suspected last week, TVIX has successfully broken through the support curve and continues back down towards its usual levels. The price has confirmed its breakthrough as we can see the intersection of resistance and supply lies above the current price. This suggests the following: We can expect a steady decrease in price over the following months unless a...

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The support curve created during the initial volatility spike has finally had a clear breakthrough. We can finally expect the VIX to continue back down towards its usual levels. Hopefully this means the market will regain some ground as well. This downthrust is completely expected after DIA and SPY broke through their resistance since the recent crash. We are...

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Since the peak of DIA back in early 2018, a very clear resistance curve has been formed with one solid redirection, and two nearby rejections. Things are finally looking good. With this breakthrough, a new support curve has been developed which appears to remain very strong. However, the curve is extremely aggressive, so we can expect at some point soon a more...

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As you can see in the circled section, ETHUSD has broken through the support curve created a month ago as the price broke the resistance. This is a very negative sign as it proves that the current resistance curve may be too powerful to break for some time. What We Can Expect: While it is obviously foolish, and impossible to predict exactly what will happen, we...

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Despite BTCUSD breaking through its short run support curve, ETHUSD has remained very strong. Looking at the chart, you can see a few breakthrough rejections in just the past two weeks. Additionally, an ascending rectangle formation has been confirmed due to these rejections. I can almost assure you that this pattern will continue for some time due to the...

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As you can see in the chart, TVIX continues to bounce back and forth off of the short term support and resistance. I am certainly leaning towards bearish behavior due to the short and long term resistance curve's strength. It has rejected upthrusts 4 times so far in the past month. However, at some point the price will also begin to be challenged by the support...

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As you can see in the circled area, DIA has dropped below the support dating back to late 2016. This could mean that the price will maintain a free fall back towards the longer term support curve which was almost a full year prior to the new curve. The next few days will be be very important to watch closely as DIA decides its next movement. The key location to...

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Yesterday everything was looking great as TVIX broke through the short run support. However, the RSI took a dip later in the afternoon and rejected this breakthrough. Looking at the price now, it has had an extreme upthrust and broke through the short run resistance... However, looking at the market as a whole, this move is very reflective as DIA has broken...