Marsilio Musing Profile picture
Marsilio is Musing about the next best moves in markets. Technicals & Timing FTW!! https://t.co/5KmMX2EE5s

Sep 19, 2021, 6 tweets

Few TA charts

Both BTC & ETH made lower highs at the 61% Fib

Which is especially interesting because Virgo (Sun in) trading theme is failed highs, lower highs esp at 61% per my google sheet :)

Merc trine Jup should fling up but I'll be surprised at higher, then down after

Good one - SPX with DeMark pivots only 2014-current

Several key turns on these

With RSI and YR1 reached, decent drop should be underway

With astro think it goes further

Also, don't fight the Fed! (FOMC officials selling stocks widely reported)

VIX

My favorite confirming indicator, VIX is above 2 pivots, MP & QP

Usually pays to be defensive & then be buying back or taking off hedges as VIX drops under pivots again - has worked so many times

However, the ETFs that are tied to short term VIX futures, are 'not yet'

VXX hasn't lifted above its monthly pivot yet - people who know this vehicle understand its severe decay. But, MACD signal +!

SVXY (inverse to VIX) sitting on its monthly pivot - key tell for this week

This is a savvy way of adding leverage but you do have to scram when there is trouble because this will drop hard

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