Gold Makes Significant Bullish Breakthrough On Soft Dollar
Thanks to soft US economic data of late, expectations about an aggressive rate hiking cycle by the Fed has diminished.
VIX
Game Plan For The Week Of April 10
Game Plan for the week of April 10, we take a look at the following name, $RCL, $HD, $XLF, $SPY, $VIX, $PLD
Fear Drain Away As VIX Sinks Lower
As US equity markets continue to defy gravity and move inexorably higher, so the VIX slides ever lower as market complacency takes hold with risk on appetite continuing to remain firmly on the menu.
Plenty Of Smoke But No Roast!
As a trader and investor, I always find volatile markets the most interesting and rewarding.
Panic – What Panic? Not According to Gold!
Panic – what panic. Not according to the price of gold and whilst other markets have seen extreme volatility with equities plunging, currency pairs opening gapped down, and the VIX moving violently, gold has continued to remain calm and serene throughout, with hardly a murmur to reflect the turmoil around.
VIX Leads The Way ….Lower
As equity markets continue to climb ever higher and breaking out into new high ground, it is the VIX which is moving at the same speed in the opposite direction, as fear is replaced with complacency with the sun shining again as risk appetite returns to the markets.
NQ E-mini Poised Ahead of FOMC
It was another day of solid gains for equity markets yesterday, with the NQ E-mini leading the way higher, and closing with a wide spread up candle ending the session at 4094, just shy of the psychological 4100 price level which was missed by o.25 of a point!
For a Clear View On Risk, Check Out the NQ E-mini
As always, whenever there is a market correction, and for whatever reason, the bears take heart, emerging from the undergrowth to call the top of the market once more!
ES Emini Preparing to Breakout Again
It’s been a period of pause and reflection for equity markets, following the picture perfect price action of August, as the up elevator finally reached the next level, rolling gently over into the current phase of price congestion.
Don’t panic just yet! – VIX
With fear continuing to drain away from the VIX, it’s complacency that rules at present as the ultimate index of fear and greed continues to push ever lower and on towards the elusive single figures below ten.