Originally Posted by Hisam135i
I definitely foresee more downward movement this week. Look at stochastic on daily chart for SPX, a strong momentum shift just occurred and we have a long way to fall!
Man o man is it ripe for the taking today! Just sold that UVXY position at 8.38. A cool 2.2% bonus in an hour.
time to wait for this hint to reset lower, but so far it's cycled twice from 8.2 - 8.4 in the past hour or so. I wonder what the next cycle is going to bring. Sam you enjoying the market tides today? And I will get to you on that PM about VIX. Was out for the weekend!