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TVIX

Range Trade With High Risk Reward, Lot's Of Potential Catalysts Retail Sales posted abysmal numbers National Emergency declared S&P500 due for a reversal China U.S relations worst in recent memory with the arrest of Huawei CFO U.S. industrial production fell in January for the first time in eight months Something has to give. I'm using some intuition with this trade, just have a good feeling about it, especially considering the political environment. Also, I like how it is at the bottom of it's short term range I like the technical component too. Even though TVIX erodes due to contango, this level has still shown to be resilient. The range is beautiful, with potential upside of 10%+. Only buying 1/2, will fill on momentum or on a pullback to either bump out or reduce average. This is a risky trade though
TLong
by InteractiveSwingTrading
26
SP500 December 6thJust an idea but the pattern looks like we have just started the larger C wave down. Today was a smaller wave 1 drop and then it appears that we also had the beginning of wave 2 back up. If this is indeed the correct pattern then we will have a lot further to drop. I am looking at possibly dropping down to the 2015 highs. OR Dow 18,500. There is a weekly 200 MA and Monthly 50 MA at approximately the same area which coincidentally lines up with a nice end to a 3rd wave down. And I am thinking that the 3rd wave bottoms on the day of the FED meeting. But have no fear, this is not the real big one that you may have heard me and many others talk about. This will be significant, and we are due for it cyclically speaking. Actually, we are kind of late for this cycle so the drop can be swift. Big gains Short?? I am going to chance it. GL with your trades.
SP:SPXShort
by SalN
5