Market Update-Trade Oppty.

As I said, watch that VXX, it will scream when it's ready to make the next leg up and it's not doing that, it was signaling the gap fill is ending this morning and look what we have...

 ES intraday and all of the other Index futures intraday are going positive as the gap from yesterday was filled and then some.

/VX (VIX futures) are showing an intraday negative like VXX, except these are the real futures so they confirm not only VXX, but the Index futures.

Then...

 The intraday IWM

QQQ

And SPY, all fixing themselves up, putting some lipstick on these pigs and getting ready to go to the dance.

I think if you wanted to you could jump in to a 3x leveraged long, right now I'd leave it to the major averages with ETFs like URTY, TQQQ, UDOW and UPRO. I'll look at some sector ETFs too, but this is just  as speculative as when entered last week and you need to be able to watch and make a move when necessary which could be a lot faster than it has been over the past 4 years.

As for PCLN, IT'S COMING BACK, I MIGHT ADD TO THOSE CALLS...