Friday, August 23, 2013

VXX / UVXY VERY Short term (speculative) long position

As you know I showed the averages with negatives from 1 to 5 mins. VXX and UVXY to confirm would show positive divergences in the same timeframe, it also makes VXX or UVXY long a pretty decent position, but a fast trade, likely over Monday, maybe even late today although I doubt that.

 VXX 1 min

VXX 2 min

VXX 5 min

And it stops and goes negative confirming the SPY at 10 mins.


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