The vix hit 20.78 tagging the trendline again ahead of major head winds like the fomc minutes and interest rate hikes. also inflation is still at 7.7 % also economy is not slowing down. Enjoy.
I see a double top formed ahead of the fomc minutes release. Next look is to see if it hold or get broken.
This is a chart of the S&P 500 that I've been working with for a while. Lets see how low it'll go. This has a lot of support and trend lines. Enjoy.
S & P 500. Market is crashing a here's a zoomed out view of the bubble we are in. It has all major buy/ bounce levels, as well as a warning to be careful and zoom out.
I've been working on this chart for the past couple months. I think it pretty accurate and of note. I think the bottom green line right now is a buy zone for most but, i may find a even deeper pull back support line. Inflation scare and bad economic policies are crash the S&p. Thanks for checking it out!
It looks as if bitcoin is yet to come above the 200 ma on a 7 hour chart. it'll be an interesting couple of days. bitcoins been pretty darn bullish, will the trend continue with the things going on in the macro environment? I'm looking at a re-test as highly possible, also not necessary! Could continue up as a major shake out move.
May be hitting resistance now. the 200 ma on the 5 hour is right at current price. I'm predicting a break down soon. i'm new to T/A myself. probably biting my own tail.