Tweet By Jeff Pierce Note the rising bearish wedge on the Nasdaq indicating we could be close to a point where the current rally stalls.   Volatility has all but dried up. High volatility leads to low volatility and vice versa. We could be getting close to a reversal in volatility.

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02
Feb
stored in: Technical Analysis and tagged: , , , ,

Tweet By Facesincabs Hey, Trading With Zen community … So, what is technically going on here as the US Federal Reserve finally eases its heavy, over grown foot from the most unprecedented, bond-energized, economic accelerator in the history of the world? Here are a few observation after Friday (one month after QE was eased from […]

Tweet By Jeff Pierce I thought 16000 would be where the Dow bounced be we sliced through that like hot butter. It now looks like we’re going to trade down to the 15700-15800 level before we’ll find support. When viewing the VIX charts below you’ll see that we rose quite a bit and I would […]