Thursday, December 27, 2012

UVXY Target

I've had a couple of questions about day/trend trading this ETF in particular, there are some difficulties that are specific to this time of the year, mostly having to do with large institutions trying to hedge sending the VIX higher, but I think this is doable so I'll post occasional updates when I have the time.

My first target is the lower 20/20 - 10 min. Bollinger Band.

Of course that's a moving target, but that is an initial general target, I am going to of course use all the tools I have at my disposal, but that gives you some idea of what I'm looking for initially.

No comments: