Lookout for crossing the , better the divergence the stronger the trend.
Also lookout for RVI crossing and holding just above , could be a leading indicator here of upward movement. Those indicators are really both primed signaling a pretty strong buy right now.
still terrifying, it's clear something has to break. I'm betting that the news dropping 1st week of June with ensure that break is downward.
I'll be looking to expand my position Thursday and probably get my last bets in Friday before close. Maybe hold till weekend but unlikely we'll need to.
Prepare for the harvest!
In hindsight I was definitely overconfident and bought a tad early but when you're lookin at realistic 5x return potential in a couple weeks, it's better to be prepared and take some near term losses than be caught with your pants down!
I anticipate exiting before end of June for sure, likely somewhere mid June.
Here's my treasure map for TVIX:
That tandem climb since March is terrifying! Lol
This guy got the read on VXX:
I think we see 3100. Run till OPEX. Monday will prob be a GREEN boner. Such a disconnect going on here.
If we get a green boner on Friday, I'll eat my damn laptop.
No wonder Garfield hates Monday. LOL