Short Trade set up following increased volatility during stock market correction.
Expect further volatility surrounding the FOMC meeting tomorrow @ 2:00 EST
HUV.TO - BetaPro S&P 500 VIX ShortTerm Futures ETF
Entry - 10.85
Exit Target - 9.00 - 8.55
These are my entry and exit points, view the chart and come up with your own conclusion.
The indexes have found their bottom. Multiple other VIX indices are showing the same signs of reversal.
Big potential gains to be made here at the risk of beta slippage if the market goes quiet. War with Iran, trade spats and a multitude of other geopolitical events will most likely keep the market volatile, and unpredictable. And the first rule of capital is...
Even though on average recessions happen over 100 days after the yield curve inverts, investors will not wait around with their hands in their pants for 100+ days before selling. Downside risk is now significantly higher.
I've been calling this for months now, we are almost surely in a bear market and the multitude of shorts taken on the way up and more just...