As for UVXY, it looks decent here, the longer timeframes look great, but it doesn't look as good as I'd like to see to enter a position yet, that could change quickly, but as of yet, not what I want to see for very high probabilities.
Thursday, July 26, 2012
Now the SPY joins
Earlier when I posted the first averages to start to go negative in to higher prices (that's what we want to see), the SPY was not among them, now it is joining in.
SPY 2 min
SPY 3 min
SPY 5 min.
As for UVXY, it looks decent here, the longer timeframes look great, but it doesn't look as good as I'd like to see to enter a position yet, that could change quickly, but as of yet, not what I want to see for very high probabilities.
As for UVXY, it looks decent here, the longer timeframes look great, but it doesn't look as good as I'd like to see to enter a position yet, that could change quickly, but as of yet, not what I want to see for very high probabilities.
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