Comments on: Stock Market, Commodities, Precious Metals, & Forex Analysis 7-15-20

By: Foreverlearning

Foreverlearning — Thu, 16 Jul 2020 18:28:21 +0000

In reply to rsotc.

Maybe VXX is just back testing?https://www.tradingview.com/x/e8IGasZ7/

By: rsotc

rsotc — Thu, 16 Jul 2020 13:02:41 +0000

In reply to cbarwick. I think if the market takes out Tuesday's lows soon, it will trigger another decent wave of selling. If so, that should also cause VXX to breakout above this downtrend line & rally up to at least the 43 area. VXX has been holding the 31 support since early May with only one brief whipsaw dip below.

By: becky

becky — Thu, 16 Jul 2020 08:47:58 +0000

In reply to Divergent Low Account Balance. Thanks man. On my radar now too. With the market rolling, prolly not breaking today.

By: cbarwick

cbarwick — Thu, 16 Jul 2020 02:18:43 +0000

With TVIX delisted, is there a play on VXX or UVXY?

By: Foreverlearning

Foreverlearning — Wed, 15 Jul 2020 23:24:57 +0000

In reply to Foreverlearning.

DXY sitting on support trendline as well, Vix at support, SPY still below June 8th high. QQQ breaking down, and spy catching up…
DO NOT TRUST ME as I am also bias toward trying to get out of my shorts that I have held for weeks now. I was even and profitable on Tuesday gap down… BUUUUUT
Could we be at a turn down? MAYBE
AMZN and MSFT GOOGL 3 down days

By: Foreverlearning

Foreverlearning — Wed, 15 Jul 2020 23:21:38 +0000

Heads up on IWM. Hasn’t popped it yet. Connect tops and we are just below trendline https://www.tradingview.com/x/JFyPwSfe/

By: Divergent Low Account Balance

Divergent Low Account Balance — Wed, 15 Jul 2020 22:53:04 +0000

For anyone looking for potential long setups, LDOS has positive divergence on the daily chart and looking to break downward trendline.