UVXY why is it down

well, the last trade was obviously not a good one and a loss

re shorting on any spikes above 2050. main system says a major top will be in by april- major as in multi year. auxiliary system says the same.

blackguard
 
UVXY or TVIX


bought more tvix on the dip today. Will buy more if it drops again under $2.50

I see the vix spiking to highs the market hasn't seem in a long time.

30+ is coming sooner than you think on the VIX
 
tracer619 said:
main trading system shows sell
auxiliary system shows sell

short SPX...multi year top in the making as we speak

blackguard
More...
nothing has changed but I do have an update on my position: since march have averaged in every 3 weeks or so... so now have a considerable short position...did catch a couple shorts when SPX was above 2120 so my cost ave is about even..but well set up going forward

main system and auxiliary system say sell

this bull has run its course and its been a long time coming

blackguard
 
position is up close to 30....lets see if we get a cascade downwards.

the position will be closed only when significant profits are made...significant as in 1-2 hundred points

blackguard
 
very strong buy both short and long term models on SHAK...
buy it here 51...you can flip it soon or hold long term

extremely unusual buy signal on my models

blackguard
 
the SHAK position will be sold on monday morning...closed at 72+ friday so that will be a 40% gain in a month...anuualized thats almost 500%

initial drawdown was 2 points or about 3%
another trade posted with little or no drawdown and a big return in a short time

blackguard
 
update on the SPX short....

still short and averaging in every few weeks
was able to short more around 2100 on the last spike

now have a very sizeable short position, waiting for the market to break

blackguard
 
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