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VIX IS IN RESISTANCE


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AMD Technical Analysis

c AMD- December 2024 Current Price Trends and Short-Term Analysis Hourly Chart (Short-Term) The short-term trend for AMD on the hourly chart is currently down , indicating some immediate bearish momentum. However, there are early signs of a turnaround as the price edges up from $132 toward the $145 level. Significant resistance exists at $145 , which will act as a crucial test for further upward momentum. Until AMD decisively breaks this level, the price action is likely to remain choppy and sideways . Immediate-Term Outlook In the immediate term, AMD appears to be stabilizing and attempting to shift upward. The current price action suggests that the stock may oscillate within the range of $132 to $145 in the short term, building a base for a potential breakout. Key resistance levels are $145, $150, and $155. Medium-Term (Three-Month Daily Chart) Trend Overview On the three-month daily chart, AMD exhibit...
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IWM IC

TRADE IDEA FROM MARK ==================== I wanted to offer a trade idea and get your feedback. It’s a small $1 iron condor spread on the IWM September quarterly’s, so it’s over in a relatively short time, but has a potential decent return. Although the IWM has been going up pretty strong the past two weeks (see chart below), I’m expecting a leveling out or lower rate of increase over the next 15 days which should keep it within the IC range. The credit is $.28, not a huge amount, but still decent for the risk. Remarks : Looks good to me. Range of IWM by 10/1 , I am expecting between 61 -58
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SPX

SPX is holding the support.. This is the key support tested multiple time overtime. VIX today hit on 30 s and sellers came and brought VIX back to 33 s .
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