Comments on: /NG UNG Final Near-term Swing Target Hit 5-17-24 https://rightsideofthechart.com/ng-ung-final-near-term-swing-target-hit-5-17-24/ Stock Trading, Investing & Market Analysis Thu, 26 Sep 2024 16:37:16 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: rsotc https://rightsideofthechart.com/ng-ung-final-near-term-swing-target-hit-5-17-24/#comment-32137 Mon, 20 May 2024 15:12:03 +0000 https://rightsideofthechart.com/?p=214171#comment-32137 In reply to KevinK.

The recovery back above 433 on QQQ & then the breakout & subsequent rip above the downtrend line that took QQQ to a marginal new high took the $VIX back down to the top of the long-term support zone, extending the positive divergence that has been building for a while now.

i.e.- $VIX is at support (again) with positive (bullish) divergence while the stock market is basically testing the previous highs with negative divergence (on daily charts of both)

]]> By: Mikeflegel https://rightsideofthechart.com/ng-ung-final-near-term-swing-target-hit-5-17-24/#comment-32133 Sun, 19 May 2024 22:01:32 +0000 https://rightsideofthechart.com/?p=214171#comment-32133 Can’t find that weekend update… Welcome back. Not the usual tank when randy goes on vacation but missed the biggest week in gamestop Ever.

]]> By: Imadaytr8r https://rightsideofthechart.com/ng-ung-final-near-term-swing-target-hit-5-17-24/#comment-32132 Sun, 19 May 2024 17:28:20 +0000 https://rightsideofthechart.com/?p=214171#comment-32132 Welcome back Randy. Hope you had a great time!

]]> By: KevinK https://rightsideofthechart.com/ng-ung-final-near-term-swing-target-hit-5-17-24/#comment-32127 Sat, 18 May 2024 17:45:36 +0000 https://rightsideofthechart.com/?p=214171#comment-32127 Randy,
Can you look at the VIX.
What are your thoughts?
It seems to be cratering.

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