Tuesday, April 23, 2013

UVXY P/L and Follow Up

Here's the P/L and some charts for UVXY equity short that I just mentioned closing out...




At the $6.33 fill, this equity long made +19.5% in several short days.

 The short signal for UVXY...

 Recent intraday 2 min positive with a gap above.

3 min positive with a gap above.

So far the 1-3 min charts and this 5 min chart that is inline have been almost identical to the market average divergences.

5 min chart, much like the market averages, although there are very slight changes there.

This is the long term 2 hour chart of VXX, notice how it is in line until the November rally starts, then there's a bid for protection in Volatility/VIX futures. This is a VERY negative longer term/primary trend signal for the market.

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