ShiftCTRL Group

Bubble-Peak to Bubble-Peak, SPX is attempting a rebound on the newly formed support. Can it win? Yes. Only until it eventually fails.

Play: Short at resistance; Long on Support.

Breakout in whichever direction determines the next move.

Play: Short below; Long above. 

Lower wedge support @ ~11 points. While it may head lower, it'll pop again and eventually sky rocket.

Play: Long above the 50% mark, or short below it.

 

The question here is, Can Bidu hold the %50 Fib mark? A break below and down we go. I'm looking at the ~$40 price point where it has three support levels.

Here's a look at the $VIX, volatility's here one minute and gone the next. Currently, it's below the outlined range (Red and Green lines) and resting on support of the falling wedge. Is it time for a spike? I'm inclined to believe so.

Hard to tell which way this is going - Price is above the line, so it's support for now.

XLF broke down support - Is Citi set to suck less than XLF? Or will both actually rise? I vote the former.