man, can you imagine be SHORT the VIX? Ouch ..

SVXY is a short the VIX ETF.

it has crashed. ouch.

anyway, wanted to show you a VERY powerful and simple PROJECTION technique. On a “MONTHLY” chart use the first Signal Reversal Candle (the high of the low bar is taken out on close for UP and vice versa) and subdivide it by 1/8ths. My mentor Mike Jenkins showed it to me .. .www.stockcyclesforecast.com

enjoy the chart …

Author: BART

BART is a CMT and an expert a "advanced" pattern recognition used w/in the intermarket analysis discipline. He's also an accomplished Business Development Executive providing solutions to a myriad of business markets. View all posts by BART