further decay in (uvxy)
Updated
getting to an area where longs from this morning are breaking even and shorts in broader markets will be squeezed
provided we dont break to new highs in uvxy this is an interesting area to topfish
target for short 11.65
provided we dont break to new highs in uvxy this is an interesting area to topfish
target for short 11.65
Trade closed: target reached
take someComment
could be a reshort if we set a lower high under 12 and loose the 5 minute uptrendTrade closed: target reached
if you took a second short take some profit hereTrade closed: target reached
take most short off the table just leaving some to run in case thats our day highComment
if we dont break 12.04 there could be another topfishing play in thereTrade closed: target reached
if you reshorted near the top of the last 30 mins its smart to cover hereDisclaimer
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