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...
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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