VNDA Doji Continuation Pattern
VNDA is presenting us with a Doji Continuation pattern after finding support near the 200-SMA and a gap that took price from below the T-Line Bands to above the T-Line Bands. The weekly chart is also one to look at with several candle patterns that are well represented. I will add VNDA to the LTA-Live Trading Alerts Real Time Market Scanner watchlist for a buying alert. VNDA entry bullish buy box or a tradable breakout, stop below $22.90
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SPY • Closes Over 200-SMA
The SPY has been and still is trying to construct a bottom, above $279.45 this week would be positive for the bulls and below $273.40 good for the bears. The weekly chart is still under our T-Line Bands, and this gives me great concern.
****VXX – VXX is flirting with support in the $31.50 area, but without bullish price action, the current direction continues. Over $36.00 and the bulls might have the edge.
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