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Just as I had warned the bears that the breakout in October was real, I now warn the bulls that the SPX rally is practically exhausted.
SC; I do not understand, why in the first place you bought TVIX at $46.XX when market was in rally mode...
We've only just begun to build. The targets SVXY $70 and UVXY $10 have nearly been reached. So planning to take bearish positions soon.I haven't posted the bearish charts yet but they are coming soon.
SC - are you expecting the majority of the selling to begin next week after the turn this week?
SC - Are you just expecting a 10% correction to around 3,000 SPX with the resumption of the uptrend to continue after and SVXY still going to 80 in April?
It's still early at this point. I expect SVXY to continue to rise but it will be a lot choppier.
Shirt svxy at 69.30
you have alot of gaps that have to be filled dec5th 3103 dec 19th 3192 jan 15 3298 all gaps will be filled eventually question is when?
gxbt up 800 and gbtc dont even move
Nothing shocking in the short and medium term. Lucky if S&P 3265 even happens. Small caps RUT will touch 1742 high of course.
S&P 3387 will happen with Dow 30000.
you have made some exceptional calls over last 2 years....I had 3500 but so let it be written so let be careful said....
bought more tvix at 38 .90
Im looking for smack down 3260 then a rip up to 3420
Sc I sold tvix that I bought the other dayAt 40 how low could we go on tvix 36 to 37?
SVXY has effectively reached it's first target of $70. We do have the higher target of $85 which remains valid.
TVIX can go a lot lower but we will pick and choose our spots along the way.
Thanks i appreciate your comment
http://vixcentral.comThe VIX futures curve has normalized!! This means that VIX spikes will translate into strong performance in VIX futures ETF's going forward!
sc are you buying more or are you waiting for 37 38
No, I'm still waiting.
Do you think $10 UVXY is still coming or is this as low as it is going to get?
It is coming and probably more.
sc i domt understand what you mean by more its coming
$10 and under UVXY.
We saw the turn at Davos. The timing was accurate, but I don't expect this is the "big one" just yet.
10 UVXY how far off SC?
sc do you plan on holding tvix or your gonna dump it?
We have the big guns reporting earnings next week - Apple, FB, GOOG, etc. A top will probably come after that coinciding with the Fed Meeting. I think a mini correction/Down 5-10% into early Feb.
Hi SC,Are you looking for a date or is it all about price action? Is SVXY at $70, still a buy UVXY at $10?Thank you for all of market guidance!
I guess you already answered the question about $10 above, $10 or lower. I’m trying to wrap my head around your comment about SVXY possible going to $85 and at what point are you looking at going long or short. With the big 5 reporting in the next week or so, QE/REPOS, it would be easy to get burned here.
UVXY larger pop from the $10.
SVXY looks determined to hit $70 before it drops.
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Lol are u still looking for 10 uvxy and 37 tvix ??
New chart posted!