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Re: rimshot post# 49

Tuesday, 11/03/2015 1:50:05 PM

Tuesday, November 03, 2015 1:50:05 PM

Post# of 58
VXX long - 1/2 lot size purchased at 17.86 to 17.88

reserve the other 1/2 lot for VXX entry below 17.48 if seen this week

VXX = S&P 500 VIX short-term futures

1st upside target that is possible is above 18.20
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the intraday volatility and upside risk may actually increase in the next few days as this one S&P 500 internals metric rises to its prior 2015 high region:

daily chart for the % of S&P 500 components above their 50-day ema:

* in addition, the chart setup for the RSP:SPY ratio bodes for an increase in price volatility, near-term



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