Comments on: Stock Market & VIX Analysis 11-2-23 https://rightsideofthechart.com/stock-market-vix-analysis-11-2-23/ Stock Trading, Investing & Market Analysis Fri, 03 Nov 2023 14:25:34 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: rsotc https://rightsideofthechart.com/stock-market-vix-analysis-11-2-23/#comment-29671 Fri, 03 Nov 2023 14:25:34 +0000 https://rightsideofthechart.com/?p=212744#comment-29671 In reply to MagStew17.

WEAT still looks good IMO. We reaction had the typical reaction off the initial tag of T1 with another thrust up to T2 likely. Previous (Sept 15th) and updated 60m chart below.

]]> By: rsotc https://rightsideofthechart.com/stock-market-vix-analysis-11-2-23/#comment-29670 Fri, 03 Nov 2023 14:20:33 +0000 https://rightsideofthechart.com/?p=212744#comment-29670 In reply to MagStew17.

Sure. Here’s my UNG 60m chart with the previous one I posted on Monday (if you missed it) showing my near-term outlook (arrows). UNG has a nice uptrend line on the 60m (and daily) charts that can be used to go long on pullbacks & I’m still waiting for a solid breakout above T2, which will likely open the door to a rally up to T3 & T4.

Also, note the recent divergent highs & lows which help to identify the pullbacks & rallies. I’ll follow up with WEAT asap.

]]> By: MagStew17 https://rightsideofthechart.com/stock-market-vix-analysis-11-2-23/#comment-29667 Fri, 03 Nov 2023 12:59:52 +0000 https://rightsideofthechart.com/?p=212744#comment-29667 Update on UNG & WEAT if you can please. Thanks for your VXX update.

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