Replies to post #264306 on Option Millionaires

[nlightn]

"With the markets in the condition that they are, I'll be watching the USD/JPY for clues. It looks like they are back to old faithful overnight."

the thing i'm concerned with is the USD getting stronger at this potential juncture of the FED raising rates.

your thoughts ?

[ced70]

the direction on the daily and 4 hour is down and it should throw the 15 minute and 3 minute into overbought at open but i think we could move higher short term.

also what strike and expiration are u collecting on vxx?

[ced70]

i am not sure, where you are drawing ur fibs from? i got 23.6 at 190 area, then 194.50, 198, 202. My bottom is around 182 and my top is around 213.78. i have additional support/resistance at 196 and 187 area.