Some weekend reading relating to VIX

https://www.mcoscillator.com/learning_center/weekly_chart/?utm_source=McClellan+Chart+In+Focus&utm_campaign=89580980c3-email_cif_2020-04-23_vix_open_interest_still_laggi&utm_medium=email&utm_term=0_9e79f8200f-89580980c3-151479701

This is the 3rd time it knocks on the 38.0 support. Open sesame? 3rd time lucky?

In late Feb, it took 4 knocks to break above this resistance, now support.

The 5 min RSI bullish divergence in SOXX (and QQQ) works out beautifully, playing out the IHS pattern from yesterday and today. But this 2 day IHS is only a handle in a week long C&H pattern.

https://www.tradingview.com/x/W5gHYwOS/

Please comment

RSI Bullish divergence in 5 mins on SOXX, QQQ, SPY

https://www.tradingview.com/x/1XnOBQQB/

Ok. Thanx all!

Newly arrival. What's VWAP?

Kinda weird that uranium is in rampant bull market while oil crashes...both are part of the energy complex...

Gold moves in parallel with equity market...

Impressive outperformance in IWM, so can't write this market off just yet.

Anyone is paying attention to URA ?

https://www.tradingview.com/x/2RpcnaQ4/

target SPY = 272 ???

Thought SPY would close above 50 dma for the first time today since the low. Nope. Not yet.

RDY is in the early stages of making the generic version of Remdesivir, and the chart shows it

Audio issues in weekend newsletter...is it just me?

Thank you

Just like to add additional comment (more like question) on video 38 of the weekend newsletter regarding to the ZBT indicator.

https://stockcharts.com/h-sc/ui?s=$NYA&p=D&yr=15&mn=8&dy=0&id=p97313039878&a=426968402&listNum=61

While the ZBT did spike to high (to 0.68) last week, but it also did so in 2 previous times (2001 and 2008)  during the bear rallies before a final low. See chart in link above.

Matt, please confirm what i said is true. There's also comment  that covers the chart. Would love to hear your views regarding to this ZBT indiactors in those 2 lows

Normally, when i see a 6% jump in HYG, i'm thinking SPY would catch up by about 20% subsequently. But then we're not living in normal times, and is this signal useful at all as a leading indicator for SPY right now, i wonder???

8 Trillion is just for starter. They said will use ANYTHING necessary. And used the term UNLIMITED.

It's like a spike through the hearts of bears. The Fed did use the word UNLIMITED  QE. I'm too gun shy to short.

ok. Thx!