InvestorsHub Logo
Followers 320
Posts 15952
Boards Moderated 0
Alias Born 01/02/2010

Re: birdys3333 post# 38585

Monday, 06/08/2020 12:05:29 PM

Monday, June 08, 2020 12:05:29 PM

Post# of 39190
SDOW works and chart action is very similar in the intraday time frames.
I favor TVIX especially on a day like today. 100 shares of TVIX returned about $500 today and 500shares of SDOW returned about $175 for about $10,500 investment in either one.

I am back in TVIX for scalp #2 at 110.02. Will see how these blue lines and the gap from Friday play out.
Green horizontal is my don't lose money line.
I figure the trade is good as long as 65ema or 50sma hold. Will raise my stop if price exceeds and confirms above 111.31, then 112.25 and then 113.37 if price continues upward.





Just me. Not against SDOW at all. However we can trade for green is good.
Green Trades.

This scalp not looking strong as SPY just doesn't want to roll over. Could go either way right now.