The US markets might find some relief in the coming week, but tread carefully as volatility is setting up for a very nice move to the upside...
See callout bubbles. Always measure your risk and be okay with being wrong ; ) Wait patiently and get the price that you want. Use the market. Don't let the market use you.
What a great bounce you got drawn it really followed it
Simple_Renko
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@marieam9292, Thank you! And thank you for following! Enjoy my ideas!
JeffCoga
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On the MONEY!!!!
Simple_Renko
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@JeffCoga, Thanks Jeff! Let's see how long volatility lasts. I'm looking at this as the beginning of something that can amount to a nice spike in the end...
JeffCoga
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Update on this!?!
Simple_Renko
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@JeffCoga, Hey Jeff, thanks for checking in! Volatility is in a critical area right now. I am expecting the area within the green rectangle to hold (which is also supported by the 50 and 100 EMA's...) and I want to see volatility increase from here.
Always measure your risk and be okay with being wrong ; ) Wait patiently and get the price that you want. Use the market. Don't let the market use you!
JeffCoga
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@Chris.cellura, It's wild after hours last week or so and especially yesterday and today lol
BTW you're awesome Chris, THANK YOU for even replying back!
Simple_Renko
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@JeffCoga, My pleasure. Please feel free to follow me if you should choose! Means a lot!
JeffCoga
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@Chris.cellura, I hit the follow! last 30 days on VIX did over 27K but gave back 3k on TVIX yesterday selling it right at the bell @ 46.04 ohhhh wells