ProfitHarvest
Long

[TVIX] Punctured Lowest Support Twice, Held Above... SPX 4k!

NASDAQ:TVIX   None
I've been shit-posting all over about waiting for Friday so looks like tomorrow is the big day!

I've clearly been a bit early to the party here but man, all indicators holding strong B)

RVI/ RSI primed to pop. Love that ADX spike!

Market buying edged up (TRIN) but still soft buy zone... zombie bull.

Comments

I hold some tvix and have been excpecting market dive for a while - but it seems it will go up for a while still. So I was thinking about adding some more at this low price. What is your strategy?
+2 Reply
@Diaana I think other people will now profit more from my research than myself haha
Reply
Diaana ProfitHarvest
@ProfitHarvest, I hope we all will profit:-)) But I asked because you mentioned selling all your tvix for 100 on Friday.
+1 Reply
@Diaana, Only in the context of that I'd still hold my head high IF I had to hold through June and sell for $100.

Not every bet is 100% certain of course so I'm prepared to lose half my bet if the SPX somehow squeaks through June. If my plan works out though, my portfolio will double and I'll be cash flush to load up at the bottom (the massive cherry on top of this play!).

Risk/Reward ratio is too damn delicious here.
+1 Reply
Market is so much manipulated in an orchestrated way from Fed, T team and gov. Employment numbers today admitted by labor dept it is wrong, but who cares market melted up high in the morning. As long as fed pumping and a positive PR for every bad news, and the magic word reopen touted by companies (dont care how much sales they have) market will keep going up. Now a days trillion is a common word
+1 Reply
@rishikvr, What's goes up, must come down. The higher the climb, the harder the fall :).
Reply
Long term fighting the trend =$ short plays not so much. We all know the market is overvalued and the companies propping up statistics are inflated AF. However, play the market man. I'm a lifetime bear but when the fed printer goes brrrrrr u follow the trend. This will stop soon markets are inevitably going south. But short term ride the wave
+1 Reply
ProfitHarvest mediocretes
@mediocretes yea I got a bit cocky but I’m perfectly balance here, still expect crash next week if not EOD.
Reply
There are bunch of people are asking about pullback to get into the bull ride. I was like the economy is shit, so how do you expect a bull run? So lets see how this plays out tomorrow. If it goes down, institutions will find lot of people to sell the bags. Look at this post https://twitter.com/AdamMancini4/status/1268722949957332992 people are talking about rides without any fundamentals.
+1 Reply
ProfitHarvest sankarmail
@sankarmail, Seriously bro, people are posting that shit all over TView too haha.

I waste my breath asking that all over here.

I'm just reading the data tea leaves!

Short = Dozens of Compelling Data Points
Long = Hopes and Dreams
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out