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Saturday, 05/09/2015 1:55:42 AM

Saturday, May 09, 2015 1:55:42 AM

Post# of 42458
SPX, this has been a very complicated pattern to try a call correctly but it appears it's starting to take a more traditional trajectory. I'm not going to get going on volitility because just like this pattern it's not as easy as it appears. TVIX and UVXY have performed terribly since inception but once you understand they performed exactly the way they should have I'm hoping some of you guys will see past what was and see what can be. You don't hear me say this much but when it comes to charts and volatility any older than a few months really isn't that important. All I can say is that I'm thinking SPX is very close to putting in a local top and we're pending a major correction before we see new highs. I'll be posting on my TVIX, UVXY, and CVOL positions as we approach the next top.


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