|
|
Post by theMist on Nov 9, 2017 14:01:34 GMT -5
Took profits at 34.50 - needed that good trade
I bet VXX closes where it opened at around 35.84 for large DOJI
|
|
|
|
Post by lasvegas77 on Nov 9, 2017 14:02:41 GMT -5
The senate is releasing their plan within an hour.
|
|
|
|
Post by theMist on Nov 9, 2017 14:11:45 GMT -5
TVIX just became available with Scottrade
And that red candle on 15 min closes out at low - could be more down for SCAMs
shorted TVIX 8.54
|
|
|
|
Post by lasvegas77 on Nov 9, 2017 14:12:41 GMT -5
It's always hardest to short tvix emotionally at the top.
|
|
|
|
Post by lasvegas77 on Nov 9, 2017 14:14:09 GMT -5
midpoint for the day range is 8.83 and 8.74 if you include the close from yesterday to the high today. So well on the bottom half of the day now.
|
|
|
|
Post by theMist on Nov 9, 2017 14:15:46 GMT -5
It's always hardest to short tvix emotionally at the top. Yes - its much easier to cover at the top lmao |
|
|
|
Post by theMist on Nov 9, 2017 14:20:38 GMT -5
contango improved again -- 10% contango
was down in the 6-7% range earlier
|
|
|
|
Post by theMist on Nov 9, 2017 14:25:37 GMT -5
Senate Bill info being released on CNBC now
1 year delay on corp tax cut - but will be permanent
going to be interesting to see how market takes this news
maybe shrugs it off as well its just delayed 1 year...we'll see...
|
|
|
|
Post by lasvegas77 on Nov 9, 2017 14:27:56 GMT -5
I went to cash at 8.54
|
|
|
|
Post by lasvegas77 on Nov 9, 2017 14:29:29 GMT -5
I still improved my account from the spike on October 19.
|
|
|
|
Post by walnut on Nov 9, 2017 14:29:59 GMT -5
wow I think that was wise LV, I think a bad close is coming |
|
|
|
Post by lasvegas77 on Nov 9, 2017 14:31:11 GMT -5
It's making me nervous and i felt at least i have a profit. Who knows how it will be later. But the tax proposal will likely have a huge reaction.
|
|
|
|
Post by lasvegas77 on Nov 9, 2017 14:31:48 GMT -5
I dodged a bullet today. I was really down hard. Today's loss is more manageable and is often a typical down day on tvix.
|
|
|
|
Post by lasvegas77 on Nov 9, 2017 14:37:42 GMT -5
SO far this is looking more like a corrective rally than one that is impulsive which signals lower lows is likely to me. But the tax thing coming out will dictate what happens next.
|
|
|
|
Post by theMist on Nov 9, 2017 14:37:59 GMT -5
got out also - bouncing
|
|
|
|
Post by lasvegas77 on Nov 9, 2017 14:40:28 GMT -5
The market has looked anemic for a while now. Looks like there's a lot of sellers on small rallies.
|
|
|
|
Post by lasvegas77 on Nov 9, 2017 14:43:06 GMT -5
Most notably for me was the tvix failure to come into the yesterday range and stay there or fall. Kept bouncing on it every time.
|
|
|
|
Post by theMist on Nov 9, 2017 14:43:31 GMT -5
S&P Hourly Chart S&P backtested the channel break and now turning lower Would need to get in it and also can just be widenening it  |
|
|
|
Post by theMist on Nov 9, 2017 14:48:27 GMT -5
VXX daily We're in day 2 of spike similar to circled one lol  |
|
|
|
Post by theMist on Nov 9, 2017 14:59:02 GMT -5
talk to you guys later
gotta run
Before I leave - that's looking like a small H&S on VXX 15 min chart
alright later
|
|
