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Thursday, October 19, 2017 8:52:43 AM
Mid Week Outlook
By: Amateur Investors | October 18, 2017
The VIX looks like it may attempt to rally in the coming weeks. If it does resistance would come into play along the downward trend line (black line) near the 15 level using a log scale. Meanwhile a rally in the VIX would likely lead to a minor pullback in the S&P 500 with support along the upward trend line (purple line) near 2500.
http://www.amateur-investors.com/AII_Daily_Report_Oct_17_2017.htm
• DiscoverGold
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By: Amateur Investors | October 18, 2017
The VIX looks like it may attempt to rally in the coming weeks. If it does resistance would come into play along the downward trend line (black line) near the 15 level using a log scale. Meanwhile a rally in the VIX would likely lead to a minor pullback in the S&P 500 with support along the upward trend line (purple line) near 2500.
http://www.amateur-investors.com/AII_Daily_Report_Oct_17_2017.htm
• DiscoverGold
Click on "In reply to", for Authors past commentaries
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Your Due Dilegence is a must!
• DiscoverGold
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