Bold move, over exposure. You ready? Short VXX which tracks the VIX. Buy XIV which is inverse to the VIX. Buy SPXL which is a 3x levered SP500 ETF Short SPXS which is a 3x levered short SP500 ETF If this isnt just a correction were screwed, if not, then congrats.
SPXL - S&B Bull Triple Bull Trading Instrument - Feb 11th Tech Analysis The SPXL is the S&P triple bull. It could be argued that it provides a magnified view of the S&P as it is leveraged on the bull side with SPXS providing the counterbalanced bear trading instrument. The December and January trend lines provides a clear view of the magnificent bull run which...
Look for entry on way up on 1 hour time frame. On the Daily, i want this to retrace back up to At Least the 8 ema or around $44. Keep an eye out on this market volatility. During times like this, If you go into profit, manage your trade with a tight stop, preferably on a smaller time frame. Be careful. ---Ideas are not investment advice
*** swing position: strategy : short. entry : net range - 101.25 / 102.55 stop : 104.95 tp1 : 91.55 no tp2 yet
Double bottom and falling wedge with divergence. Modest at best, but not a bad look all things considered.
Opened 500 SPXL @ 92.98 . SL 84.00 Possible Drop to 88, will average down then if we drop... Remember, this is not to day trade, big money, not quick money.
Seeing Type 1 Bullish Divergence (rare) on hourly chart for S&P500. OBV and RSI. Short-term signal only. No guarantees.
SYNOPSIS : 1 - Per Predictive/Forecasting Model, underlying force continue to favor bulls 2 - Support near the 77.61 handle offers a probable rebound level 3 - Forecasting Model eyes 01 AUG 2016 vicinity as probable timing in rally 4 - Invalidation: Break of 68.99 Best, David Alcindor, CMT Affiliate #227974 - Alias: 4xForecaster (Twitter)