Gas Buddy Peak May 30…major run opportunity early August

Looks like gas buddy peak was end of May.  As gas buddy is falling fast now, looks like the next rebound opportunity will be July 30-early August after Fed meeting.  Major run ppportunity will be August. ECB event has been factored into market now.

Gas Buddy Peak May30

 

From chart below SPY rebound opportunity occurs after gas buddy falls for 1.5-2 months.  The August buy opportunity was not indicated but did occur so the 1.5 month lag happened there as well.

So VIX rises above 20 and  the buy will occur on the first $0.50 GHA daily (VIX/GHA method).

Gas Buddy and TLT_SPY

A 17 minor VIX opportunity may occur June 16/17.

2 VIX 17 and 20

The 17 VIX would occur on June 13 followed by GHA on June 16/17 and the sell date Jun 20 at close.  On March 13, the VIX was 17 , SPY 183.75 and rose the following Friday to 187.75 at the close, a $4 run.

Mar 2014 Bars

GHA March 2014

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