It wouldn’t take a person long this morning to see what the big news was:

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I rarely use Fibonacci Arcs, but on occasion they do some cool things; earlier this quarter, I pointed out the failure on the arc pattern (green tint); pretty interesting to see what took place since then!

I have been so impressed with the collapse of the small caps, I was curious to see what the ultra-short ETF (symbol TWM) was looking like. I’ve got to say, it’s impressive. Just look at the interplay between the prices and the moving averages, particularly the recent bounce off all three: it’s been a terribly reliable buy signal.

If you watch my tastytrade show, you’ll recall I had pointed out some powerful formations in the energy bearish funds. DRIP has been absolutely on fire lately:

Not that I’m actually going to BUY anything, but these are charts which have thrived admirably even with all the recent craziness:
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