Sept 27th, 2022 ........... US markets opened with a nice rally and the hope and prayers and wishfull thinking are in mellifluous flow ........... but alas, there in the hidden background is Mr. T E R R OR hisself showing he wants to break out topside. Will he? I am not allowed to know these things Behold the Macd pointing upwardat 52 degrees and above zero-line
Why Armaggedon? Triple bottom in Vix monthly with the clear unmistakeable neckline at the classic Fibo 38.2%. Two spikes got to 50% or near enough. A Triple bottom has juice like you cannae imagine. Once fired there is no telling as we shot pat 61.8% and then take out the 1987 Vix top of 172.79
Monthly Vix ............. get magnifying glass out and look at right edge of chart for teh sneaky breakout attempt and then note how Macd has curled up and is ready to pounce. All live action, baby
If Vix does a breakout, it will confirm that WAVE 3 is underway. thus far Vix has ben subdued causing cats to say its broken. We wait and see. If a breakout occurs expect Dow Jones to speed toward breaking rhe 1000 point barrier and charging toward 2k points and ++ in one day, not every day but even once is good enough becasue all this is still early BEAR in its infancy
Dow, SPX & Nas all gone negative as Vix attempts to break out topside. Oh mym oh my oh my, MG does it again. All LIVE and in advance of the move starting from catching the sneaky attempt by Vix with hisnose just pointing out of the trndline a wee bit like wee Willy winky Pekelo is dropping saussges left and right after telling me how the dow futures were up by 50 points yesterday. Oh yo yo yo .........................
Look how slow these sons of b*tches are!!!!! THEY as usual can only do after the fact when its obvious. Me? I call it ina advance when almost nobody or most likely nobody has evena clue that it is aborning. SHEESH! https://www.marketwatch.com/story/s...technical-indicator-11664218240?mod=home-page
Vix 1H update The stench of DEATH from toeday's reversal in the US markets is so deafening, its scarry while my guitar gently weeps for the loss of life everywhere ....