VIX Bullish Divergence - Negative Sentiment for Stock Market
VIX double bottom. Fail to drop below 20.
Classic Bullish Divergence (Price Lower Low, FiFT/MACD Higher Low)
Fast Turtle buy with FiFT +ve
Bullish Stochastic
VIX up, Stock down.
FKLI = Potential double top around 1400 level. FiFT still positive and heavy.
Dow Jone
DJI
= Gap down. Fast Turtle Sell, Bearish Divergence (Price Higher High, FiFT/Stochastic /MACD higher low)!!!, FiFT turned -ve
S&P500
SPX500USD
= Bearish Harami Fast Turtle Sell. FiFT turned bearish. Bearish Divergence. Bear is in control
NASDAQ = Bearish Dark Cloud Cover Fast Turtle Sell, Bearish Divergence.
DAX = Dark Cloud cover bearish candle with higher volume. Bearish Divergence, FiFT still +ve but may follow global trend.
XLK (Technology Sector) = Bearish divergence. Shooting star on weekly chart.
I'll be staying out buying stock for now (Not even executing Hit and Run strategy).
Classic Bullish Divergence (Price Lower Low, FiFT/MACD Higher Low)
Fast Turtle buy with FiFT +ve
Bullish Stochastic
VIX up, Stock down.
FKLI = Potential double top around 1400 level. FiFT still positive and heavy.
Dow Jone
DJI
= Gap down. Fast Turtle Sell, Bearish Divergence (Price Higher High, FiFT/Stochastic /MACD higher low)!!!, FiFT turned -ve S&P500
SPX500USD
= Bearish Harami Fast Turtle Sell. FiFT turned bearish. Bearish Divergence. Bear is in control NASDAQ = Bearish Dark Cloud Cover Fast Turtle Sell, Bearish Divergence.
DAX = Dark Cloud cover bearish candle with higher volume. Bearish Divergence, FiFT still +ve but may follow global trend.
XLK (Technology Sector) = Bearish divergence. Shooting star on weekly chart.
I'll be staying out buying stock for now (Not even executing Hit and Run strategy).
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VIX seems to be resisted by EMA20 and form Dark Could Cover bearish candle with FiFT turned RED - Good sign for stock market but i believe will go sideway until DJ decided it direction. Still be cautious.