Just like many of the market averages seem to be pointing to a move down VERY soon, but probably not that bad as the divergences aren't too bad on the 15 min charts generally, the ETS VXX and UVXY (based on the VIX) which move the opposite of the market look like they will see a quick, but worthwhile move to the upside. I'll probably look at some Call options if I have time, but again this is a nimble, hit and run trade idea which I think should certainly be viewed as speculative for risk management purposes.
VXX 1 min leading positive
VXX 2 min
VXX 5 min
At 15 min there's some question, much will depend on how the 5 min reacts as to what this move ultimately looks like, but I like the short term long trade here and if it offers more, then so be it.
UVXY 3 min
UVXY 5 min
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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