Volatility Corner:

VIX / VVIX chopped. Blue up is good, blue down is bad. Volatility continues to show a BULL MARKET 📈 style breakdown. Volatility falls and prices rise. The focus of anyone following the markets right now should be as always. Follow the trend. The trend is up for prices, down for volatility. Until things change, we will all wish we owned more and bought earlier.

US Index Review:

The US 🇺🇸indexes are interesting as a setup considering the rise in oil prices. The first month of Q3 📆showed surprisingly strong 💪 oil 🛢️demand. The future regarding inflation is probably bumpy vs the smooth decline we’ve seen since August 2022.

SPY

• Bullish Trend Since 5/31/23🟢

• Go Long Since 5/18/23🟢

• Price to Rise Since 6/29/23🟢

DIA

• Bullish Trend Since 6/30/23🟢

• Go Long Since 7/13/23🟢

• Price to Rise Since 7/7/23🟢

QQQ

• QQQ Bullish Trend Since 5/16/23🟢

• Go Long Since 7/13/23🟢

• Price to Fall Since 7/21/23**🛑

IWM

• Bullish Trend Since 5/24/23🟢

• Go Long Since 7/12/23**🟢

• Price to Rise Since 6/29/23🟢

New Highs $5-$20:

1. MDXG

2. MUFG

3. SMFG

4. AROC

5. EB

6. SBS

7. AUPH

8. CBAY

9. NYCB

10. LZ

11. MTG

12. CSTM

MDXG

MUFG

SMFG

AROC

EB

SBS

AUPH

CBAY

NYCB

LZ

MTG

CSTM

New Highs $20+:

1. MNSO

2. EH

3. UBS

4. CARS

5. VECO

6. LPG

7. STLA

8. ERO

9. DKNG

10. CNM

11. EWI

12. LI

13. UBER

MNSO

EH

UBS

CARS

VECO

LPG

STLA

ERO

DKNG

CNM

EWI

LI

UBER

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