AMEX:SVXY   PROSHARES SHORT VIX SHORT TERM FUTURES ETF
At resistance range and at breakout level, upholding factors is the IHS             - got to watch ....

Trade idea...if it breaks out of the red line on top...a long trade and impacts SPX             too....if it holds down from here a quick short
Comment: also provides clues for SPX500 direction
Trade closed: target reached: not holding
what is the correlation of SVXY with SPX500?
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