VIXY / TVIX - Weekly View Confirms Bullish Flip Coming

2019年12月11日

Weekly view on VIXY/TVIX confirms the trend should be flipping to Bullish by next week.
Weekly RSI trend has just broken to the upside.
Recently broke out of the shoe/banana pattern.
VIXY has followed this pattern for years, so I feel this is strong.

Everything is lining up to next week sometime we should see SPY go down and VIXY/TVIX go up.

EXITS
-At pink line around $19
-If Daily RSI gets to 70 or higher

If we don't get a bullish trend by next week on VIXY, I am wrong.

For Daily view posted yesterday see chart below.

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I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, and VIXY.
Short SPY, AAPL

2019年12月13日

取消訂單

I have exited the trade due to China Deal phase one closing. Tariffs put off.
I will wait for another entry and update then. Catalyst was not successful in this case.