SamSuka
The Long Investor
The Long Investor

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$VIX

$VIX managed to break out of this channel last Tuesday but it was short lived and quickly rejected by the 200 Day MA and fell back into the consolidated channel one more time.

A break down here and the market should continue to move higher as we expect.

We are fastly approaching the busy end of the earning season, so expect some volatility but generally I believe the overall report season will be positive.

It will be interesting to hear how the Mega Caps guide for the rest of the year, this is what I will be listening for closely.

$VIX

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