Finding the edge in analyzing unique market Cycles.
Bought UVXY at $27.15.
Good move, you did better than I did. 27.18 and 27.28 Waiting for one more buy if we retest the lows. Good luck
Thank you, all the best!
Target around $36.
what would be your time frame
LOL, nothing personal but I hope you are wrong. I was looking for 38 - 42 myself.
This week looks interesting for the market to dip.
Louis, I was not ignoring you. I posted my reply to you on the other posting. Good luck
Last batch, 27.08 I always scale in and out a third at a time. Good luck every one. This is not a day swing.
Pullback complete. Couldn't even officially fill the gap 2081.24. Too many buyers waiting to get in at 2076-2081.
thats today it could breakdown tomm
SPX daily..."Lower highs remains the trend for now"https://northmantrader.files.wordpress.com/2014/04/spx54.png
rotrot is this chart bearish
the chart indicates that a top has been forming during the last year...DISTRIBUTION...��
Here's the plunge. SPX failed at 2100. Let's see how far it drops.SC November 20, 2015 at 6:33 AM"2100, market plunge likely Monday/Tues."
SC, in your opinion, after any pull back today, does the market continue to climb into the end of month?
I think the market can see lower, but December looks relatively positive.
sc is your target still 36 on uvxy
We'll see. Might only see $32...
how low could uvxy go
A bird in the hand is worth two in the bush. Discipline trading trading # 101 (For My Self) Selling one third of my three batches from yesterday. I am going to use that for swing trading today. Good luck to all who bought yesterday.
I am looking for double bounce bounce off of the vix 15.50 to go back into a full position with UVXY after selling out one third early this morning at 29.27 Good luck every one.
i should of sold with ya and bought back
I learned the hard way 20 years ago trading ago. Buy and sell batches. Bears and Bulls make money, PIGS LOSE OUT. Best of luck to you. I may have to wait until early next week to unload these UVXY and go long with other instruments.
i hear ya
WoW, market is pretty flat with no volume.Difficult to so any swing trades today In the past, I would never short a dull market. But unfortunately we have some political problems over seas. I will maintain my UVXY for now for some kind of POP friday - Tuesday. Good luck every one.
does anybody now if its wise to average in on uvxy here
Hi Louis, that is a personal decision that only you can make. I feel comfortable at the moment to wait it out for a pop into friday thru next week. My average cost on the UVXY is in the low 27.00 so I am okay for now. All the best to you.
Louis, we have a bradely turn date tomorrow. It is usually off by a few days, but yet looks encouraging for those holding UVXY. This seems to line up with my other turn dates very nicely. All the best.
i own about 27.50 as well best of luck and happy thanks givingto all
#BlackFriday has been red 5 of the past 6 years. The good news? Rest of year up 5 of 6 times with >+3% avg return. $SPY
sc is uvxy target still 32
bullish declining wedge forming on uvxy that is bullish
Over the last year, S&P 500 has failed 14 times at or near the 2120level. That will be the level to watch. Best of Luck
mike you still holding uvxy
Monday may be down but Christmas rally is coming - may break out to new highs. This has either been a long topping process or a pause before exploding higher. Be open to either possibility
Have you all also noticed the same patterns in the S&P500 (3,4,5, Lower Low) and the DAX (ABC down), weekly chart. Weekly chart says both markets up into end of year, new corrective wave into summer 2016. http://tripstrading.com/2015/11/28/how-to-play-the-short-and-medium-term/
SPX monthly...stochastic tells the tale...during bear markets surprises are to the downside...(https://twitter.com/allerotrot/status/671041489452052480?s=17)
SPX daily...a drop below 2048 could signal serious trouble for the stock market...https://twitter.com/allerotrot/status/671062422342512641?s=17
Hi SC, any thoughts going into December... are you still looking for UVXY to goto $32. thanks so much for your analysis.
sc do we still have target above 30 on uvxy
WOW, Vix up over 8% UVXY basically flat ? Some thing is up. It should be interesting tuesday - Wed. I am still expecting a good size pop. Good Luck to all.
so would you sell uvxy here
NO, I am keeping UVXY. and playing some swing trades with my third position that I sold out last week with.
Milton Berg: Commodities May Sink 20% or More - November 30, 2015http://www.bloomberg.com/news/videos/2015-11-30/milton-berg-commodities-may-sink-20-or-more
I assume you are stopped out. Do you see another uvxy entry spot this week?
hi sc are we still on target for 32 on uvxy thanks for your help
New analysis posted!