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Post by walnut on Oct 3, 2017 13:09:53 GMT -5
Yeah small spike at least looking more likely now
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Post by theMist on Oct 3, 2017 14:46:41 GMT -5
So after closing out tvix short earlier - I'm unable to trade until tomorrow
Just sitting back and listening to some Skynard
"And don't forget son, there is someone up above"
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Post by walnut on Oct 3, 2017 14:53:08 GMT -5
spot vix not wanting to rise any
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Post by theMist on Oct 3, 2017 15:00:57 GMT -5
And the Outlaws
Man these guys could jam back in the day
Good ole Southern Rock 'n roll
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Post by theMist on Oct 3, 2017 15:09:11 GMT -5
VXX Daily Chart VXX put in red hollow candle on daily Line in sand is now VXX 37.98, TVIX 10.60 Expecting a spike similar to 7/27. Thinking S&P pulls back a little in next day or two. If S&P hits SP2540ish iH&S target before pullback, then I expect pullback to be much larger IMO  |
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Post by walnut on Oct 3, 2017 15:47:28 GMT -5
Something at least like Sep 25th probably
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Post by theMist on Oct 3, 2017 15:55:27 GMT -5
gotta S&P chart coming
give me a few mins
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Post by theMist on Oct 3, 2017 15:59:41 GMT -5
S&P Daily Chart iH&S Target SP2540ish It's been the pattern for bullish patterns to breakout and playout to measured target and then the backtest Look at the 2 circled areas If S&P hits iH&S target SP2540ish (and we're only like 5 pts away), I expect the pullback to be a significant move back down to green arrow. Doesn't mean S&P can't pullback a little with VIX SCAMs putting in a mini spike BEFORE S&P continues to rise up to hit its measured SP2540ish target During the last pullback/backtest (after hitting measured target) on 5/17, it was good for a 10 pt move in VXX My game plan is to keep short scalping TVIX until S&P hits measured SP2540ish target I'm expecting a small pullback in S&P within next 2 days with a mini spike in VIX SCAMS Then after SP2540ish target is met, I'm expecting a big one back down to that green arrow target  |
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