Intermarket Chart Attack: Not Done (Part 2)

This is actually Part 3 if you think about it:

Volatility Strikes Back – My member note on 1/28, published by SeeItMarket 1/31, featured how Volatility didn’t look like it was going to be surpressed much longer. VIX exploded on 2/5, rising 130% at its high this year and wiping out 95% of the value of inverse VIX ETNs XIV and SVXY. I also wrote about how the markets and commodities, especially gold and oil/oil+gas plays, looked to be topping. “Careful” was my theme on each chart.

Not Done – My 2/5 member note was published 2/7 by SeeItMarket wherein I wrote about how the one-day-wonder of Monday’s 1000 point Dow drop was  “NotDone” referring to the pullback in indices, oil/oil+gas cos and gold. We had another 1000 point Dow drop on Thursday 2/8.

Not Done (Part 2) – My member note 2/7 pulbished by SeeItMarket 2/9 highlighted my thesis of why I expected the pullback to persist, especially in financials and oil/oil+gas plays. XLE hit my $65 target Friday, after falling from my first post (1/28) at $77.50 and WTIC falling from $66.66 to $59 so far.

To all non-members reading this, do you see any reason why you wouldn’t want to get this insight BEFORE it happens?

Happy Trading,

Samantha



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At LaDucTrading, I analyze price patterns and intermarket relationships across stocks, commodities, currencies and interest rates. I develop macro investment themes to identify tactical trading opportunities and employ strategic technical analysis to deliver high conviction stock, sector and market calls. Through LIVE portfolio-tracking, across multiple time-frames, my real-time Trade Alerts via SMS/email frame my Thesis, Triggers, Time Frames, Trade Set-ups and Option Tactics. I selectively use Unusual Option Activity (UOA) and Deal Flow but no proprietary indicators – just solid chart pattern recognition, volatility insight and some big-picture perspective thrown in. Twitter:  @SamanthaLaDuc