The patterns suggested to buy the VIX/VXX due to support being at hand on 1/19 (see post here) The VIX increased over 17% in the next couple of days. (see post here) Now the VIX is back at the same support level, AGAIN! CLICK ON CHART TO ENLARGE Game Plan…For very aggressive investors, pick up a [...]
The patterns suggested yesterday morning to go long the VIX index. (see post here) Rarely will I suggest to pick up the VIX/VXX, yet when certain patterns are present, it is worth holding your nose and jumping into the position. The “VIX INDEX” has rallied over 18% in 2 days. Is that enough? CLICK ON CHART [...]
CLICK ON CHART TO ENLARGE One day a trend does not make! Yesterday some technical support breaks took place that I will address in an upcoming post. Key chart patterns are in place in the above two charts, in that Copper could get tripped up at these lofty levels. The up coming price action of [...]
CLICK ON CHART TO ENLARGE Anyone notice what the “Patterns have been suggesting we should do” of late? Below is a small summary of suggestions from last week…. Widest Spread between the Nasdaq 100 and the VXN in almost 10 years, with the NDX at a potential “Double Top” (see post here). Game Plan…Don’t own the [...]
Suggested for aggressive investors to “BUY VXX” due to the situation in the chart below (see post here) This chart reflected the “BIGGEST SPREAD” this decade between the Nasdaq 100 and the VXN. Translation…. Too many Bulls at (2)!!! Game Plan….For those that purchased VXX place a 6% trailing stop on this holding!
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