SPY Forecast 9/1/16
The S&P 500 index proxy (SPY) been stuck in a tight range due to some historic options imbalances, our analysis tells us that the bears want to explore lower…which keeps us on the sidelines for this market.
PFE Forecast 9/1/16
Pfizer (NYSE:PFE) is basing near its lows after offering an elegant entry to the short side. This trade is now active and we will look for signs of increasing power as the bears fight to regain control of the trend and break down the test the take profit zone (Blue area).
VXX Forecast 9/1/16
The iPath S&P 500 VIX ST Futures ETN (NYSE:VXX) is an instrument that lets you take a directional position on the levels of volatility in the S&P 500. With the historic LOW levels of volatility currently in the markets, the odds are high that the volatility will increase in the weeks to come. If this…
VXX Forecast 8/25/16
The iPath S&P 500 VIX ST Futures ETN (NYSE:VXX) is an instrument that lets you take a directional position on the levels of volatility in the S&P 500. With the historic LOW levels of volatility currently in the markets, the odds are high that the volatility will increase in the weeks to come. If this…
PFE Forecast 8/25/16
Pfizer (NYSE:PFE) rallied up to test the red zone and offered us entry on the short side. This trade is now active and we will look for signs of increasing power as the bears fight to regain control of the trend.
SPY Forecast 8/25/16
The S&P 500 index proxy (SPY) been stuck in a tight range due to some historic options imbalances. This is likely to unwind in a highly volatile manner and our previous forecast called for a bullish breakout. This was attempted and rejected on 8/23/16, and price now is exploring back down to range lows. There…
PFE Forecast 8/18/16
Pfizer (NYSE:PFE) is basing near its lows and is likely to rally a bit with the market before turning lower. The Red Zone indicates an area where we would expect price to turn, and offers an area attractive for short exposure.
OIL Forecast 8/18/16
The ETF that tracks the price of West Texas Intermediate Crude (NYSE:OIL) pivoted off a minor support level into a “V” bottom. This was not a viable entry for our methodology, and so we wait for a more qualified long entry possibility to form.
SPY Forecast 8/18/16
The S&P 500 index proxy (SPY) been stuck in a tight range due to some historic options imbalances. This is likely to unwind in a highly volatile manner and offer some long opportunities to those trading this market intra-day, but for a daily cycle, we remain on the sidelines as we near the end…