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Derek ops

02/25/19 6:32 PM

#11691 RE: Wrinkles #11689

LABD didnt go with the market. UVXY nice run into end of day breaking over $43 from the low of $40

Hopefully we see a bounce tomorrow and LABD gets traction back. Would love to see some red tomorrow in over markets.
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Swing Party

02/25/19 7:18 PM

#11694 RE: Wrinkles #11689

That is the question. The triple top from last oct-dec got tested today. If es makes a break above then it could go to 2860. There have been 9 consecutive bull bars on the weekly. That is really rare. I think es gets rejected, but I wouldn’t want to be catching a uvxy knife. I think you are smart to take your daily gain and revisit tomorrow.