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Volatile start to 2015 portends stormy days ahead in financial markets. Violation of January’s lows will pressure the prevailing ascending trend.

02-02-15 SPX Headline Daily Chart

Volatile start to 2015 portends stormy days ahead in financial markets. Violation of January’s lows will pressure the prevailing ascending trend.

Russell 2000 Daily Chart with Current Implied Volatility Band Levels for Jan. 22, 2015

Russell 2000 Daily Chart with Current Implied Volatility Band Levels for Jan. 20, 2015

Russell 2000 Daily Chart with Current Implied Volatility Band Levels for Jan. 16, 2015

In our prior commentary it was anticipated that Sellers would return and attempt to take control during Thursday’s session. They did indeed with extreme prejudice. The wide range close as the lows the of the session suggests lower prices are expected during Friday’s trading. The 200 Day Moving Average (200 DMA) waits below and is […]

Russell 2000 Daily Chart with Current Implied Volatility Band Levels for Jan. 15, 2015

The battle between Buyers and Sellers continued during Wednesday’s session with Sellers making a strong attempt to break prices lower but Buyers rushed back in at our Implied Volatility Bands support levels to postpone the resolution of a defined “Long Legged Doji” pattern. A close under or above the Doji pattern is required for resolution. […]

Russell 2000 Daily Chart with Current Implied Volatility Band Levels for Jan. 14, 2015

Another extremely good session for buying weakness/selling strength as RUT opens higher and probes deep into Implied Volatility Band resistance to stall precisely at an Emptus sell signal. After the first hour session high, prices declined until late into the afternoon session where Buyers stepped back in to end the session will marginal gains. Violation […]

Russell 2000 Daily Chart with Current Implied Volatility Band Levels for Jan. 13, 2015

Post Non-Farm Payroll report selling continued Monday morning as market participants processed the report’s data. After the initial opening selling, RUT found support after Buyers rushed in at confluent 50 Day Moving Average and an open gap filled from January 8. A good day for both selling strength (albeit during the overnight session) and buying […]

Russell 2000 Daily Chart with Current Implied Volatility Band Levels for Jan. 12, 2015

Buyers were unable to defend recent gains following the release of Friday’s Non-Farm Payroll (NFP) Report. A “sell the news” reaction should not have surprised as the oversold reflexive rebound from Jan. 6 low lacked validating volume even though prices ascended above layers of moving average resistance. RUT has now returned within these layers and […]

Russell 2000 Daily Chart with Current Implied Volatility Band Levels for Jan. 9, 2015

The rebound from Tuesday’s 1153.40 low continued Thursday leaving behind a new unfilled opening gap. The recent selloff filled a gap from December 18 and is now a target for future throwback tests. As Friday morning (before the New York open) in December’s Non-Farm Payroll (NFP) report, this unfilled gap could be filled very quickly. […]

Russell 2000 Daily Chart with Current Implied Volatility Band Levels for Jan. 8, 2015

As Sellers take a breather to capture gains and relieve extreme oversold conditions, RUT powered higher (fed by the release of FOMC minutes mid-session) to stall at layers of overhead resistance (formers support). These layers of resistance are critical as failure to capture this resistance will destine RUT to probe the 200 Day Moving Average […]