Welcome back to The LongVol Report! This is issue 50 and the last one for the next 3-weeks.
The report will resume January 7th.
If you missed the updates to this report (new pricing) and my 2023 returns click here.
If you don’t follow me on social media be sure too.
A few charts of interest before the paid report below.
Money Markey Funds - $6 Trillion on the Sidelines
Bitcoin - should consolidate here the next few weeks.
SPX 500 - $4500 was an inflection point and now that should be the floor.
SPY 0.00%↑ - $450 is support with $460 as a spot to watch that could create a re-test lower. $480 is a standard double top. No major sell side flow until a weekly candle close below $450.
QQQ 0.00%↑ - Similar to SPX/SPY - breakout from a key inflection. $400 then $415 are upside targets as long as we close weekly candles above $380. Sell-side flow shows up with a weekly close below $380.
The full report, outlook and charts are below.
Remember, that includes:
S&P500 Analysis + Charts
WTI Crude Analysis + Charts
Gold Futures Analysis + Charts
And more….