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Re: DowDeva post# 48904

Wednesday, 08/30/2017 6:19:12 PM

Wednesday, August 30, 2017 6:19:12 PM

Post# of 51804
So far, break-out weak, lack of follow through, and vix futures remain slightly elevated. Also, I checked today and the price to close a short call spread I've had on UVXY for over two weeks is still more than what I received for it, considering the theta.

Could be a bear trap, but troubling. Looks more like a pre-holiday grind up to test resistance.

~D

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