VXX AND NEXT WEEK

I am really happy I have a UVXY position and don't have to make this decision this quickly, but I think the purchase or the best purchase will be Monday and I'll tell you why, it's based on the VXX charts, the averages to a lesser degree and HYG.

First the reasons WHY I want UVXY and shorts in place by the latest, Monday I'm guessing.

Actually I'm not going to have time to get charts out before the close. I'm going to be looking at all the same positions, PCLN, BIDU, NFLX, AMZN Financials short, and VXX/UVXY long, I think from the way HYG looks, the 1-2 min averages and the 1-2 min VXX charts, we'll see an early pullback in VXX which would mean early upside in the market, however the weight of the evidence is so overwhelming, I probably would not wait any longer than Monday for this position I've waited all week on.

I'm not saying the market will have some spectacular blow off top, I just think we'll get a little move that makes these positions worth waiting on, you'll see in the next post of VXX charts.