Volatility Bear Dreams VIX Index VXX Channel
Is the VIX Index volatility short XIV bubble about to BURST? - The VIX Index Volatility Short XIV is trending down towards support at 22.64 and 21.28 - Continued chop on the S&P today resulted in loss of value as VIX spiked. - This trend is expected to continue as we appear to be range bound withouth a break up.
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Quarterlies Long Setup for Retrace to 50% Fib level of $434 Stop loss @292
Quarterlies Dec 25 Delivery Short Setup @ $370 with 5X Margin Margin Call is at $436 Take Profit Target below $240
NAS100 NASDAQ 100 Weekend Short Setup Entry 4641 stop 4671 take profit below 4555 Targets based on regression of 17.81% / 11.86% = 1.5X rally / correction ratio seen in October 2014
S&P 500 GREXIT SHORT WEEKEND PLAN Wait for rise into 2080s then enter short with stop at 2096 Bet is that weekend chaos ensues causing a drop into Monday
S&P 500 - It's Tea Time - Cup and Handle Formation in Afterhours Shallow cup and handle formed after the close. Entered long at 2049 stop 2030 take profit targets above 2096
TSX HSU S&P500 2X BULL ETF Closed my long position from 8 days ago with 3.88% gain I'm not holding out hope that we will retest the May 21st high anytime soon. I see more ranging ahead or even the long anticipated 20% correction before end of summer. I'm now on the lookout for a short entry point using HSD.TO 2X Bear ETF.
NGAS Natural Gas 14 Degree Bearish Divergence The pre hours pump to 2.72 and dump has a 14 Degree bearish slope divergence. There is more momentum to sell than to buy at this point which is a signal of resistance.
NGAS Natural Gas Pitchfork Break Down Natural Gas price has broken down out of its pitchfork channel from the peak of $3.1 Charting further test of support levels at 2.534, 2.471 and 2.437 I'm currently long and will be looking to reduce the average cost of my position by short selling.
NGAS Natural Gas Downtrend Pitchfork Breakup The bottom is in at 2.637 with downtrend broken up out of the pitchfork channel.
TSX HNU Natural Gas Bull Plus 2X ETF Long position from Natural Gas Index price of $2.73 equivalent to $3.54 in HNU. Inventories announced biggest surplus injection yet this year leading to massive sellof last five days. This is an excellent entry for a long position if you are willing to bet on hotter weather developing this summer. Coal fired power generation...
NGAS Natural Gas Three Little Indians Price Failure - Reversal Pre market dump and possible reversal based on minute candle patterns.
S&P 500 Three Drivers Short Strategy for 3% Correction by June 9 Assuming a retest of the 2061.9 low from May 7. Optimal short entry targets around 2121, 2106, and 2092. Take profit on each drive down, reopen short on minor retrace up.
S&P 500 Long Mistake - Closed Too Early I held a long from yesterday and was expecting a bit of a rally today but not a full retrace of yesterday's dump! Got skittish halfway up and closed once the morning rally fizzled out momentarily. In hindsight the hunch to relong was right. Trade and learn.
S&P 500 After Hours Break Up Currently seeing a break up out of the downward channel in after hours trading. Longed earlier once bottom was in, looking for gap up tomorrow on open.
TSX HNU Nymex LNG Natural Gas Bull 2X ETF Horizons Beta Pro Charting an incoming double price drop due to events: 1) May 27 - June Options Expire 2) May 28 - Gas Storage Inventories Announcement @ 8:30AM CST Once these two events play out and price drops to support level of $3.68 HNU will be at an optimal long entry point.