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Thursday, February 05, 2015 8:16:05 PM
TVIX- Anyone who isn't in this one yet, now is a great time to consider taking an entry...
Good entry zone 2.75 - 2.95 for the next wave upwards.
Target on the next push = 3.75 - 4.25 range
Risk vs reward is good right now. It may come down a little lower first, maybe to 50dma again but I think it will hold if it does. We really don't want to see TVIX fall lower than recent double bottom lows @ 2.58
Always set stops accordingly to limit your losses when trades don't perform as expected...
All JMHO
TVIX- Ascending triangle. Higher lows being created.
Good entry zone 2.75 - 2.95 for the next wave upwards.
Target on the next push = 3.75 - 4.25 range
Risk vs reward is good right now. It may come down a little lower first, maybe to 50dma again but I think it will hold if it does. We really don't want to see TVIX fall lower than recent double bottom lows @ 2.58
Always set stops accordingly to limit your losses when trades don't perform as expected...
All JMHO
TVIX- Ascending triangle. Higher lows being created.
Trade with focus and then you'll see everything move in slowly!!
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