Is this the calm before the storm?
http://www.investopedia.com/terms/v/vix.asp
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Is this the calm before the storm?
http://www.investopedia.com/terms/v/vix.asp
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With tame inflation around 1.6%, there will be no rush by the Fed to raise rates. This is the current storyline.
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Reference my previous post from July 5, 2017 for the Canadian dollar.
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Intermediate downtrend for the TSX Index and trading below the 200-day simple moving average
Reference the last chart analysis for the TSX Index.
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Major downtrend, intermediate uptrend and near-term uptrend. Is $0.8000 in the cards?
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West Texas Intermediate is testing major support in the $42 to $43 price zone. There is a high probability this support zone will not hold which would put a test of the $40 price zone in play. If you need another negative, the 50-day moving average has crossed below the 200-day moving average: the old death cross.
Reference my last chart analysis for WTI posted on May 4, 2017.
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