when you say choppy how low could it go would you sell here write a call against position on uvxy because if xiv goes to those levels we could see uvxy right down to 22
XIV hit the turquoise resistance and retreating this morning off that level. It still looks like there is some upside. XIV should see $32's Fri/Mon and then UVXY will be setup nicely.
Year will end flat. This is not necessarily going how I anticipated. Could be down to 1980 and then up to 2058 year end. The rejection at 2100 looks really, really bad. Almost horrible. Rather nervous, I must admit.
investing.com 76% bearish on spx. I do not see a major correction at all. Will be going back long after I sell out my last one third position in UVXY shortly
2nd batch 27.22 I will leave 3 rd batch if we get lower lows. My concern, is the possibility of the sp visiting the 2020 level shortly or tomorrow morning.
what is your prognosis on uvxy if xiv is going higher
ReplyDeleteIt can come down somewhat. However, UVXY still setting to spike. The next two weeks looks choppy.
DeleteThe next two weeks looks choppy.
ReplyDeletewhen you say choppy how low could it go would you sell here write a call against position on uvxy because if xiv goes to those levels
Deletewe could see uvxy right down to 22
It could see $23's.
Deleteok thanx im probally gonna write a call for dec 11
Deletejust curious if we see 23 could we still see 32 on uvxy
DeleteI think the best it could manage was $29.40 last week. $23ish then $27 or so.
DeleteAre you going to hold UVXY and just wait for the spike to unload?
ReplyDeleteI plan to pick up some around $23. Then look to unload around $27. I'll be looking to enter XIV around $30.
Deletedo we see 23 before 27
ReplyDeletevix up 5 percent and uvxy not moving why does that happen
ReplyDeleteFor the most part it'll follow the VIX, but the etf is structured based on the VIX futures so it's different.
ReplyDeletehow do you follow vix futures and are they pointing down
ReplyDeleteXIV hit the turquoise resistance and retreating this morning off that level. It still looks like there is some upside. XIV should see $32's Fri/Mon and then UVXY will be setup nicely.
ReplyDeleteis this the move to 27
Deletehttp://finviz.com/futures_charts.ashx?p=d1&t=VX
ReplyDeletei have a big position on uvxy at 27.50 wondering if i should average in at 23
ReplyDeleteOil violent. Something is very wrong.
ReplyDeleteIs this the move to 27?
ReplyDeleteYes, it might even see a little higher. UVXY hit $23's and a solid reaction. XIV dipping off the turquoise resistance.
DeleteSPX may see lower tomorrow, hit 2100 resistance and finally plunged, 2050 should be solid support. I do think it'll be higher next week.
ReplyDeleteSC, would you be a buyer of XIV tomorrow, given any plunge? thx
ReplyDeleteYes, I'm looking to enter XIV soon, tomorrow could be interesting.
DeleteWhat level/range would you enter into XIV today?thx
DeleteTomorrow may be better.
DeleteSPX...trend is down...
ReplyDelete(https://twitter.com/allerotrot/status/672230577895030784?s=17)
SVXY...trend is down...
(https://twitter.com/allerotrot/status/672230863640358916?s=17)
UVXY...trend is up...
(https://twitter.com/allerotrot/status/672231255979778048?s=17)
SPX daily going back 17 years...it's nitty, gritty time...
ReplyDelete(https://twitter.com/allerotrot/status/672239866256715777?s=17)
Looking to take profit tomorrow.
ReplyDeleteon uvxy
DeleteYear will end flat. This is not necessarily going how I anticipated. Could be down to 1980 and then up to 2058 year end. The rejection at 2100 looks really, really bad. Almost horrible. Rather nervous, I must admit.
ReplyDeleteactually S&P 1994 looks likely.
ReplyDeleteSelling one third of my UVXY here ast the 27.96 level. I still have one third left. Best of luck every one.
ReplyDeleteXIV is crashing, wouldn't most people have losses if they bought?
ReplyDeleteinvesting.com 76% bearish on spx. I do not see a major correction at all. Will be going back long after I sell out my last one third position in UVXY shortly
ReplyDeleteSold last third 28.78 UVXY Over all disappointing despite making some coin.
ReplyDeleteLOL, kicking my self in the Ass for selling out early with UVXY Waiting for volume indicators to get into XIV. Good luck every one.
ReplyDeleteFirst batch of XIV 27.159
ReplyDelete2nd batch 27.22 I will leave 3 rd batch if we get lower lows. My concern, is the possibility of the sp visiting the 2020 level shortly or tomorrow morning.
ReplyDeleteFinally, the market plunged. This was due last week, but last week was a holiday week.
ReplyDeleteSold one batch at 27.58 Hoping to buy it back at lower levels
ReplyDeleteMight see $25.50 to $26 tomorrow for XIV. Plan to enter there.
ReplyDeleteSC, do you still think that around $34 is possible by end of December?
DeleteYes, absolutely.
DeleteSold out completely at 27.75 Enough for a case of beer. LOL Hoping to get back in at lower levels XIV
ReplyDeletecongrats on your patience :)
ReplyDelete
ReplyDelete$uvxy printed the second highest volume day since the crash on Aug 24
SPX analysis posted!
ReplyDelete