Info@EliteSwingTraders.Com
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
That's a good question.
We're on or way with TVIX/UVXY, it took some patience but we're coming out on top. I have a few different targets I'm watching here for ES/SPX and this does have a possibility of more downside. With that please don't close out your day by ordering up a Triple Decker Bearwich with a 88oz Super Big Gulp of Bear-Aid. I've tried to stay objective and provide a relatively unbiased technical opinion which happened to call for the markets to move lower which of course sent VXX higher. As I've said, since before we even entered this play, the markets are headed higher after this correction and will start with a new all time high and finish in the general area of 2150. If you went long with us congrats, it's nice to cash in on UVXY/TVIX but don't let them have it back by overstaying your welcome.
This has been a public service announcement from your local neighborhood swing traders, as always good luck.
More time in trials for one for it's drug candidates but that news was on Monday and the sell off should be about over IMO.
EST, I've been waiting on this move from VXX and without question we're in the strongest part of this decline but it's not over. I'm going to sell the TVIX buy I made today but going to hold my original position.
COME ON VXX, get over 26.03 and let's roll
In RXII with a starter, holding overnight since I think IBB bottoms tomorrow.
That's a good idea on NUGT
This looks like a solid bottoming play and with IBB most likely finishing it's retrace tomorrow it could see a decent ride out the gate. Took at starter here for an overnight hold, good luck.
This is another energy play with a good looking chart.
Still looking for $26.67 from VXX but let's see what we get EOD.
Yeah I just seen that. The technicals look rock solid and many times when you get a stock like HELI that's already shorted and oversold bad news can actually make the price go higher. Go figure but it's true. I couldn't help myself and took a starter with 5k shares. Now I'm not certain it's going a lot higher but I do think 1.80 is probable and higher is possible.
Scaling into MDW. I'm starting to buy here just above .34
VXX 25.50 is important support
Have to take a call here, be back in about 15.
5K shares and have no intention of selling, none, not a one. IMW is going to go on a rampage after this retrace and small caps are gonna make us guys a ton. I'm serious about higher, like a rip your face off screamer. I can see maybe $15-$20 in the move after this pullback. Figuring it'll start like the first week in April
NG needs to turn back around and march higher.
Here's what I'm seeing. Look for a bounce here from ES, maybe 2076 followed by a 20 point drop. That should be bottom.
I do, I'm basing that statement strictly on the chart. I don't know enough about them to give you a fundamental perspective but technically I can see significant upside. We really need to nail down a bottom but all in all I'm getting a bullish feeling from the ticker.
Gold only had a three way move lower and it looks like we have the start for the final leg higher before the first real retrace. I said to expect over 1200 and I'm gonna put a 1209 target out there.
Nat Gas is back on track and oil finally gave the signal. Energy could blow up here but that makes me think that the markets may have limited downside with a commodities blast.
I posted some oil charts earlier but honestly with what I'm seeing just about any of them should see upside.
OIL is the play IMO and should see a run here before too long.
UWTI looking fabulous.
I think so, if you're not in at all use a tight trailing stop but I'm seeing $53-$54 before any meaning retrace.
OIL looking excellent here, could see $5-7 of upside. IMO
BOOM OIL JUST TOLD ME TO BUY BUY BUY
I'm still holding UGAZ.
I think we could see even lower than that IMO.
Wow, it's about time. Not gonna lie, just starting to doubt we'd get paid. $26.67VXX is my current target.
You were reading my mind, LOL
For you guys trading TVIX/UVXY, I have a full position at $1.66 but I've had my capital tied up for almost a week so I made an additional buy at $1.67 which increases my position by an additional 50%. Looking for VXX $26.50 to sell the entire position but won't hold the additional shares if they turn red. Questions?
TPI still moving higher.
NETE-Net Element Launches Joint Venture to Focus on GCC States and India
Net Element Launches Joint Venture to Focus on GCC States and India
NETE-Biometric Advancements Lead to New, Innovative Smart Technology for Consumers & Merchants Alike - New Mobile Payment Products & Merger Announcements
Biometric Advancements Lead to New, Innovative Smart Technology for Consumers & Merchants Alike - New Mobile Payment Products & Merger Announcements
One more micro low could do it for this pullback, maybe. This is just about where I thought we'd pullback to so a move up to $400 wouldn't surprise me. Good Luck.
Congrats, very nice trade. In and out with a winning ticket, doesn't get much better than that.
VIX over $14
CLF rock on with your bad self.