Goldtent TA Paradise

Time for XIV

1. EagleSeagle says:

   January 12, 2016 - 8:03 am at 8:03 am

   Spx is backtesting 1929 pivot. As of now no…

2. dadoc1 says:

   January 12, 2016 - 9:24 am at 9:24 am

   Would love a bounce and a retest of 1980-2000 resistance on the S&P over the next several days. That would be a low risk place to short with stops above 2020. IT would also reset all the indicators for the next wave down.

   Alternatively we could have a weak bounce with a wedge formation over a few days then plunge. I don’t care for that particular scenario.

   Some of my indicators did hit extremes yesterday during the selloff….We will see…

3. pedro_deleon says:

   January 12, 2016 - 9:45 am at 9:45 am

   Someone yesterday advised against TVIX when UVXY is available, as TVIX is an ETN.
   Same goes for XIV.
   SVXY would be the ‘safer’ vehicle anytime you want to short VOL, given the backdrop here.

   • dadoc1 says:

     January 12, 2016 - 9:56 am at 9:56 am

     Short UVXY on market rallies. The decay then works to your advantage.

   • Bikoo99 says:

     January 12, 2016 - 10:05 am at 10:05 am

     Pedro These trades are short term for less than a week. I understand to avoid ETN for long term trades.