Target met early. Took it and banked it. Volatility in both directions forces it. Will wait for new buy signal now. Family in town and will spend time with grandkids.
I hear that, I had to go with the gut on Monday morning and bought pre market. But no real trend signal just yet. Looks like a couple of false breaks.
I have been watching the highs and lows of the candles that go into oversold territory and look for divergences and then a break above close above situation for possible trades.
With the market sitting on the lower Daily BB and just above the cloud, not exactly the best place to go long TVIX
I wish investing.com would adjust their charts to allow for the R/S like etrade does. I saw that daily resistance that you were talking about around 57 on TVIX monday, but had to go to work and sold at 55.
On the sidelines as well today. But looking at that daily TVIX chart on etrade, all the MA's are starting to pinch closer and closer. Could be interesting soon.
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