Is the VIX saying to exercise Caution?

TweetIs the VIX saying to exercise Caution? Last week we commented that investors should remain on the Cautious side as this could be a Danger condition on the VIX.  We further commented that the fan resistance lines (on the VIX) have continued to move further out and that this could be an escalating issue developing,  […]

What is happening on the VIX?

TweetCaution? Last week we commented that investors should remain on the Cautious side as this could be a Danger condition on the VIX.  We further commented that the fan resistance lines (on the VIX) continued to move further out and that this could be an escalating issue developing,  so be very careful. Yesterday, the fan […]

Inflowing Liquidity conditions … struggling.

TweetInflowing Liquidity conditions … The Inflowing Liquidity was up trending in Mid to Upper-Positive Q1 territory and showing signs of struggling. Inflowing Liquidity must not make a lower/low in the next few days or there could be bad repercussions.   It is time to exercise tremendous caution at this juncture.   

The current condition of the $BKX Banking Index …

TweetThe Banking Index closed at 67.18 with the C-RSI at a Caution-Positive level of +4.88.  The CRSI did rise above its 9 month resistance line, while this is a positive, it may have to retest this line now. When you go back to last July and observe the highs and the lows you will see […]

The Banking Index closed at 64.55 with the C-RSI at a Danger-negative

TweetThe Banking Index closed at 64.55 with the C-RSI at a Danger-negative level of -0.69 which was slighlty lower than last week.  It was only slightly negative, but still at a level that needs to be observed closely.  (Do note that the 30 RSI has an eight and a half month resistance line to fight […]

Take a look at the down sloping resistance lines on the VIX chart below.

TweetKeep an eye on the VIX … Take a look at the down sloping resistance lines on the VIX chart below. Note how the VIX has been pushing past each resistance line over time. The current resistance line must hold and we don’t want to see a close above the third resistance line in order […]

An update of the $BKX Banking Index …

TweetThe Banking Index closed at 64.65 with the C-RSI at a Danger-negative level of -0.58.  It was only slightly negative, but still at a level that needs to be observed closely.  (Do note that the 30 RSI has an eight and a half month resistance line to fight with (the thick green line). Go back […]

Keep an eye on the VIX … here’s why:

TweetKeep an eye on the VIX … Take a look at the resistance line on the chart below.  The VIX has continued to trend lower (the VIX moves opposite to the stock market). Do note that the VIX is between the red support line and the blue resistance line, so it is running a trend […]

An update of the Banking Index …

TweetThe Banking Index closed at 66.02 with the C-RSI at a Danger-positive level of +2.02.  NOTE that the 30 RSI closed positive with an eight and a half month resistance line to fight with.  The Accelerator was slightly negative with a positive upside bias.The Timing Indicator was positive with a short term upside bias. (For […]

Inflowing Liquidity conditions …

TweetInflowing Liquidity conditions … Inflowing Liquidity was in positive territory, and it made a higher/high tick on Friday. What does a higher/high tick mean? If the ticks are making higher/highs and higher/lows, then that signifies that the trending is going up.   At the same time, the market is getting overbought.