Tuesday, March 13, 2012

DIA/SPY/VXX

Last week I put on a small VXX position (Calls) and said, I didn't mind if I had to wait a few days (for a breakout) and I'd likely add to the position then, I'm itching to add right now and may do so momentarily.

 DIA 1 min close

 DIA 1 min zoomed out.

 DIA 2 min close up

 DIA 2 min zoomed out

 DIA 5 min close up

 DIA 5 min zoomed out-the white is the positive divergence that began the bounce.

 SPY 1 min

 SPY 2 min

 VXX 1 min

VXX 2 min...

I'm a bit conflicted on the timing, it would make sense for the market to rally in to the F_O_M_C at 2:15...

I'd prefer to wait for the 2:15 volatility, but I may add a small bit before then.


I am cutting this post short to get it out...

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