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Re: stiv post# 667

Monday, 04/22/2019 9:35:42 AM

Monday, April 22, 2019 9:35:42 AM

Post# of 2188
In light of my current TVIX position, I like this part -

In fact, that is an odds-on event. There have been just three notable drops in SPX since January, each spaced about a month apart and the last one was a month ago (yellow shading). Each occurred near an area of resistance, which is notable now as SPX is within 1% of prior resistance at 2930. A reaction seems likely.

Thanks for sharing.

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