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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (142876)	3/28/2020 6:13:13 AM
From: GoodGord	Read Replies (1) \| Respond to of 222171

I looked at the VIX during 2008/2009 period. Even though the market was still going down the VIX collapsed into the 40's for several months before the big bounce 2009. It looks like the weekly range had collapsed during that period as well. So far we haven't seen the weekly range collapse in 2020. In 2008 it took 6 weeks after the big drop to settle down. So we could several more weeks of wild trading before we even find out if the market is going to settle up or settle down..

To: GROUND ZERO™ who wrote (142876)	3/28/2020 7:21:53 AM
From: GoodGord	1 Recommendation Recommended By Hawkmoon Read Replies (1) \| Respond to of 222171

Another interesting weekend: ig.com

To: GROUND ZERO™ who wrote (142876)	3/28/2020 9:09:47 AM
From: Katelew	Read Replies (1) \| Respond to of 222171

Fabulous picture. Thanks. Looking at it in comparison with the shape of the previous, traditional corrections, one must wonder if this is the new normal. Days of limit down sell-offs with most of the action taking place outside normal market hours? What do traditional investors do with this new style, I wonder.

To: GROUND ZERO™ who wrote (142876)	3/28/2020 6:41:38 PM
From: Hawkmoon	1 Recommendation Recommended By the longhorn Read Replies (1) \| Respond to of 222171

Yep.. great chart as well.. Oscar and I were discussing the DXY in his chat room and my worry that if we broke 105, on the quarterly chart it looked like the DXY would be heading for 120-130.. How I figured this was looking at the following chart, and seeing an extended Cup&Handle pattern forming.. The bottom of the Cup is at 70 and the pivot point is at 105. So if it penetrated 105, according to traditional C&H theory, the Cup should flip upward for the target price.. hence 120-130.. Of course, this would suggest massive deflationary pressures and debt default to make the Dollar that strong.. Oscar just had a shorter term view with his double top interpretation. I still, unfortunately, think the Quarterly pattern may play out unless the Fed finds a way to stop the climb of the USD. bigcharts.marketwatch.com Hawk

To: GROUND ZERO™ who wrote (142876)	3/28/2020 7:39:01 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 222171

Btw, it appears that Sven might agree with your chart.. twitter.com Hawk