Diagonals suck but this looks to matter in the short-run.
Think we ultimately go higher but for the next 6 months I'm bearish new homes.
Sold all longs last Friday. Flipping back to risk off as markets drive into resistance, its long vol time again.
Weekly candle looks like a bottom.
Watch for weekly close. Starter position entered on Monday.
Nice multi-year consolidation. Assym triangle breakout plus pattern bull bias = long w/ size.
Short term long on $SVXY from yesterday afternoon. Will flip back to $UVXY once gap is filled.
Stop below support. Easy r/r trade.