as long as we respect the highs another top is in (uvxy)

已更新

short term vix futures have put in a multiday high and many broader market sectors are breeching their intraday lows at the same time
this could have a longer term effect, but i think the short term movement in vix will trend back toward 11.89 uvxy
if we build a base of support above 12 and move higher we could be in for more like 12.30, but keep it on the pivot and it should be fine

交易結束：目標達成

long target hit

註釋

vix is severely overbought, and its not surprising to see a big red day after a day like this
im top fishing this move

註釋

daily is bearish imo

交易結束：目標達成

if you shorted last night you will want to coveer it here

註釋

if we come up again forming a base of support above 13 and move higher it could be a long flip
if we see a higher low in spx and break day high could be a reshort on a break of 12.89

註釋

12.84 and 13.89 form an expanding range

註釋

getting into reshort territory if we set a lower high beneath 12.97 and continue lower
target 12.54

交易結束：目標達成

if you shorted the last pop its probably good to cover
i dont know what will happen over the weekend so take profit wherever possible