Friday, January 3, 2014

$VIX - 10yr Monthly


Checking the VIX one can see that Options prices are relatively low reflecting a "Stable" market. Now is an excellent time to purchase those leaps or spreads.


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MO - 1yr daily


The little engine that could keeps chugging higher. Pretty easy to set stops. The pinching blue lines indicate a Pennant formation without a breakout occurrence. In other words as long as the 37.63 line isn't compromised MO could breakout higher and push $40.


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GLD - 5yr weekly


100-105?


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$SPX - 10yr Monthly


Patern to be?


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