Tuesday, February 11, 2014

ES, HYG, UVXY

The ES intraday chart has been horrible all day, a clear short squeeze, part of our head fake move, but this is just running or running out of shorts covering.

 ES intraday, the squeeze trendline is broken.

HYG, the patron saint of ramping the market is coming apart as well.

And unbelievable relative performance in VIX futures today, I think this is probably the last good or excellent entry for VXX/UVXY long.

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