Loading report...
In this 17-minute analysis from Money Making Market, critical technical signals are converging to warn of a potential market shift. The VIX's daily MACD has entered positive territory, a development that historically precedes significant volatility spikes and could signal a dangerous turn for the SPY. Meanwhile, the QQQ shows no higher lows or divergence on key timeframes, suggesting a likely pullback toward its monthly expected move range. The analysis also reveals a precarious setup for IWM, where conflicting signals—a potential triple divergence on one hand and a bearish daily chart on the other—create a high-stakes inflection point. The full report maps out the precise decision paths for SPY, QQQ, and IWM, detailing the exact technical triggers that could lead to a sharp rally or a deeper selloff, including the specific MACD and price levels to watch...
The latest technical deep dive reveals SPY has broken below its key monthly expected move range, landing in an extreme low zone with oversold RSI readings. This sets the stage for a critical juncture where the next move could define the medium-term trend.
A major risk alert is flashing: the VIX's daily MACD is now in positive territory. Historical analysis suggests that if it curls up again from here, it could trigger a test of previous highs, signaling a dangerous environment for equities. For IWM, a potential triple MACD divergence hints at a possible counter-trend bounce, while QQQ's lack of bullish reversal signals points toward a continued move down to its own monthly target range.
The analysis outlines clear decision trees. For SPY, a two-hour MACD crossover could spark a rally, but failure to make new highs might lead to a rollover and a test of much lower levels. The key is identifying the formation of a two-hour divergence, which could be the precursor to a more significant daily move. The full report breaks down the exact price levels and confirmation signals needed for each major ETF.
Subscribe to FlowCo Pro for full analysis reports and precise price targets.
View Full AnalysisLoading report...