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Markets Allocation
50 % indices 50 % stocks
Top Mentioned Symbols
UVXY 50% | 1 SPX 50% | 1
Charting Charting SPX, M, Short ,
SPX: $SPX For Chris D.
76 0 1
SPX, M Short
$SPX For Chris D.

The S&P is about to run out of steam! I think we are about to see another triangle form, with the top around $2250, followed by a drop to 1550. Once I nail this call my buddy will owe me $1,000 and will be encouraging me to join a hedge fund in NY. This is just for the record.

Charting Charting UVXY, D, Short ,
UVXY: UVXY trading prediction
556 1 0
UVXY, D Short
UVXY trading prediction

Based on the way the UVXY has been trading as of late, it looks like it will maintain this current range (lime green lines) for a little longer. One more move up between $35-36 then it will meet the top of the current trend (green line) as it crosses the longer term downtrend that has held since 10/16/2013 (red line). I really don't think the red line will be ...

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SPX500
S&P 500 index of US listed shares
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QIHU
QIHOO 360 TECHNOLOGY CO LTD
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ANV
None
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NBG
NATIONAL BK GREECE S A
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UVXY
PROSHARES TRUST ULTRA VIX SHORT TERM FUTURES ETF
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CHK
CHESAPEAKE ENERGY CORP
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DXY
U.S. Dollar Index
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