SC I appreciate you sharing your charts and timing with all of us. Quick ?. At what price is uvxy a buy next week ($27-30) and what is the target for the exit?
Sc there's your huge rally Jay powell coming to rescue i had the short on tvix Made nice money today would've been a bang though I'm wondering were the bottom in tvix could be maybe 138
Since May 8th, VIX has been testing and finding support at a fibonacci level modeled from the December 2018 selloff.
Possible breakout scenario looks like it could be around 50 on the vix. MACD on the VIX daily supports a breakout theory. But FED could still crush it.
This message is for Louis Lombardi:
ReplyDeleteI would like to apologize for my rant yesterday, I take back what I said and I hope you, SC and everyone else can forgive my trespass.
All the best to everyone.
Its ok brother i don't hold grudges
DeleteI'm short uvxy as high as 49 46 42and tvix at 204 I think market win go up to 2950
And possible 3000 by monday
Thank you Louis, the next few days should be interesting. Looking for a large move between now and Wednesday (5/20).
DeleteSC I appreciate you sharing your charts and timing with all of us. Quick ?. At what price is uvxy a buy next week ($27-30) and what is the target for the exit?
ReplyDeleteWill do
DeleteAre you selling your tvix or holding for the next run up.
ReplyDeleteSc do you still see tvix going to 260 before plunge ?
ReplyDeleteTVIX took profit but it probably will runup again before coming down to $120.
ReplyDeleteBought TVIX $185.
ReplyDeleteSVXY is a weak chart and finding resistance at the 50 dma. Looks like it could fall to $28.
DeleteFor short term bounce ?
DeleteWhat is your target please ?
Do you still expect TVIX to hit 260 early next week before it falls to 120? Time seems running out and 05/21 is just 4 trading days away.
ReplyDeleteI think TVIX is still moving higher. $280.
ReplyDeleteWhats your time frame
DeleteIt's too early for the next panic but a short term pop in volatility does look likely.
DeleteStarting to build TVIX position.
Bought a 50% position in TVIX.
ReplyDeleteThis was just down to 138
DeleteIt was $1000 two months ago.
DeleteYes I saw that manipulation putt Robin capital out of business
DeleteSc what is your target on spx. It it 2700
ReplyDeleteI'll post SPX chart.
DeleteCovered half mt short in tvix 182
ReplyDeleteMy point is you didn't buy it down there
ReplyDeleteI shorted that piece of shit at 750
ReplyDeleteLol piecd of garbage going to zero q day
Covered rest of tvix at 177.75
ReplyDeleteThe game has changed. VIX futures remain in backwardation. This is bull market in volatility.
ReplyDeleteCovered all shorts
ReplyDeletecovered all shorts in uvxy and tvix
ReplyDeleteRonin Capital took the other side of my Friday the 13th VIX trade.
ReplyDeleteI meant to say ronnin
ReplyDeleteI guess they bought to much
ReplyDeletesc, it is same thing as march, why you did not buy tvix at 120, now buy at 180
ReplyDelete@sentimentrader
ReplyDeleteThis week, the smallest of options traders opened 14.5 million contracts betting on higher prices (buying calls and selling puts).
Contrarian ??
Thank you, excellent!
DeleteSC... can you please post a updated SPX chart?
ReplyDeleteThank you
Sc there's your huge rally Jay powell coming to rescue i had the short on tvix
ReplyDeleteMade nice money today would've been a bang though I'm wondering were the bottom in tvix could be maybe 138
Tvix 152vtoday
ReplyDeleteSC - would you scale in more TVIX for the pop to 280?
ReplyDeleteThere's your 2950 like I said
ReplyDeletegood call louis
DeleteThank you
Deletelike i stated last week.When the market is moving this blog is silent.
ReplyDeleteSc do u think tvix to 100 now
ReplyDeleteWe just passed the 61.8% on the Fibonacci retracement level.This is the number everyone has been watching.The spx should keep rising based on this.
ReplyDeleteSc tvix in free fall what is your lower target138?
ReplyDeleteThe important update is coming.
ReplyDeleteThe market has been rising into the next turn date as anticipated. This is setting up beautifully from all angles.
SC - are you still looking for SPX 2,375 or lower by July? Want to get positioned accordingly :)
DeleteShorted 2,950 SPX.
DeleteScaled in more shorts at 2,980 SPX. No one wants to join me in shorting near the turn date with 15% unemployment lol?
DeleteThanks sc. Waiting for new update. What is the next turndate. I think may 21
ReplyDeleteFireworks in reverse until the 4th of July?
ReplyDeleteSC do you still see us going to 3050?
ReplyDeleteIt seems we're already at your white trendline.....
3037 to 3040 tops might not make it
DeleteBought uvxy 35
ReplyDeleteSc do u have any update
ReplyDeleteSince May 8th, VIX has been testing and finding support at a fibonacci level modeled from the December 2018 selloff.
ReplyDeletePossible breakout scenario looks like it could be around 50 on the vix. MACD on the VIX daily supports a breakout theory. But FED could still crush it.
Holding long volatility over the holiday weekend unless Vix gets above 40 by EOD Friday.
DeleteIf vix support starts to fail, though, I will drop the position
DeleteSold uvxy 36.10
ReplyDeleteAny updates SC?
ReplyDeleteThank you
I think we r on the good track to new lows.
ReplyDeleteHmmm Jesus... I hope sc is alright.. haven't seen him post here in days...
ReplyDeleteSami he is the one who approves your message to be put on blog lol
Deletehttps://www.youtube.com/watch?v=IliBMtb5ut8&feature=em-uploademail
ReplyDeleteMay 21st still major turn date? Is SPX going down now into July 2375?
ReplyDeleteSPX dropped on the turn date, and in particular Hong Kong plunged overnight. Definitely markets are heavier.
ReplyDeleteVacation week coming though. The action may be relatively subdued to start.
ReplyDeleteSc r u still exoecting higher prices tvxy 100 before plunge
ReplyDeleteSC, is TVIX at $156 a good place to take a position for the next move?
ReplyDeleteThank you!
New chart posted!
ReplyDelete