Very good risk reward trade, to capitalize on future earnings and volatility that it can cause. Also all old world problems that causes a to of volatility in February - April of 2014 are still there. The volatility can mainly increase due to crisis in Ukraine/Russia, Iraq, Iran, financial troubles of EU, slow down in China. And don't forget all upcoming talks...
RSI divergence and bullish wedge suggest a short term breakout is likely for 20%+ gain.
1. I measured the distance off the Ichimoku Cloud, just before markets crashed in 2000 & 2008. We are definitely way too above the cloud support right now. 2. Assessing the data after 1994, the JMA2 moving average is currently in the longest uptrend streak ever, which has been running for 729 days. The uptrend is noted by the white line on the candles, and black...
VXX looks bullish. To reduce slippage, it may be a good idea to wait until the blue resistance lines broken and retested. Price target is $36 if all goes well. We will re-evaluate if pink support lines broken.
Despite briefly dipping below 12, based on this chart interpretation the VIX is still poised for a rather large spike this summer. First trigger would be a move over ~14 then a push through major resistance ~19.50 - 20 would probably see a rapid ramp towards the low 30's. This would roughly correlate to a 20-30% correction in the SPX. Watch to see if the VIX can...
OptieAcademy.nl went long @ $43.50 to hedge the stock portfolio. Idea publised at a level of $44.75. Our first target is $48 and second target is $55. Stop-loss below $42