Elite Swing Trades

[SwingKing]

If this move lower plays out I'm tracking the 1st wave lower somewhere between 1995 and 1975. Once we break 1995 it can get ugly quick, fast, and in a hurry like. I do have a 20 point cushion for a possible recovery but again we're on the brink of what could turn into a possible 300 point decline. I'm not saying that's what's going to happen "yet" but I'm under the impression that a play in UVXY is warranted if it starts to look like we're going to head in that direction based on the potential for a possible continued move lower. Hope that makes sense because I'm really wanting to make this play but at the same time I'm not going to either open the position or suggest anyone else do something like that until I get a clear signal. Even then I may be wrong but I'd feel a lot better about pushing my funds in the middle.