Finding the edge in analyzing unique market Cycles.
I thought this was an interesting chart. It's clear why I decided to take profit at $17.45.
Notice also that the forks are aligned in different directions. In this situation turbulence is to be expected!
looks like we could tag 18 in uvxy which would bring xiv to your 68 target we will see
Close this week at or around 2395.
we taged 68.32 is any body long xiv
long uvxy 67.90
sold xiv 68.85
sc what is the target you will own xiv your thoughts
Bought XIV $68.15.
Target $72.
XIV $72 this week. Then $68 again due April 19th, and up to $73 for XIV.
shorted uvxy @ 18.22
love this blog!
Expecting a short squeeze for the market this week followed by weakness again next week.
ugly close
Both UVXY $18 and XIV $68 targets have been reached today. The only target not yet hit is SPX 2,340. So we may have to wait a day or two for that to happen before the turn up occurs.
Still see SPX 2400 this week?
Check out the new chart posted for SPX. I do anticipate a spike up for SPX to 2,400.
SCso you sold at 17.54 to buy at 18im confused ...when do you see UVXY back down to 15thanks
Where does he say he bought at 18?
I didn't buy UVXY at $18. My target was $18 and was reached today. It seems it may overshoot that and probably see $19 to $20 tested.Then UVXY is likely to come down again for two weeks.
New SPX chart posted!
Sorry SCI read your msg incorrectlyyes it may shoot over $20 the way the markets arethanks again
I thought this was an interesting chart. It's clear why I decided to take profit at $17.45.
ReplyDeleteNotice also that the forks are aligned in different directions. In this situation turbulence is to be expected!
ReplyDeletelooks like we could tag 18 in uvxy which would bring xiv to your 68 target we will see
ReplyDeleteClose this week at or around 2395.
ReplyDeletewe taged 68.32 is any body long xiv
ReplyDeletelong uvxy 67.90
ReplyDeletesold xiv 68.85
ReplyDeletesc what is the target you will own xiv your thoughts
ReplyDeleteBought XIV $68.15.
ReplyDeleteTarget $72.
ReplyDeleteXIV $72 this week. Then $68 again due April 19th, and up to $73 for XIV.
Deleteshorted uvxy @ 18.22
ReplyDeletelove this blog!
DeleteExpecting a short squeeze for the market this week followed by weakness again next week.
ReplyDeleteugly close
ReplyDeleteBoth UVXY $18 and XIV $68 targets have been reached today.
ReplyDeleteThe only target not yet hit is SPX 2,340. So we may have to wait a day or two for that to happen before the turn up occurs.
Still see SPX 2400 this week?
DeleteCheck out the new chart posted for SPX. I do anticipate a spike up for SPX to 2,400.
DeleteSC
ReplyDeleteso you sold at 17.54 to buy at 18
im confused ...
when do you see UVXY back down to 15
thanks
Where does he say he bought at 18?
DeleteI didn't buy UVXY at $18. My target was $18 and was reached today. It seems it may overshoot that and probably see $19 to $20 tested.
DeleteThen UVXY is likely to come down again for two weeks.
New SPX chart posted!
ReplyDeleteSorry SC
ReplyDeleteI read your msg incorrectly
yes it may shoot over $20 the way the markets are
thanks again