Replies to post #27872 on Cycle Trading

[desertcynlite]

It would be great to see the chart if you have it. That is a bold number. I don't see how it gets there. It has never been that high. 85.47 in 2020. 89.48 in 2008.

[No-Quarter]

I have a UVIX buy order in place @ $10.51.

It hit a low of $10.16 last week on 1 May. My order should fill this week.

Janet Yellen has been all over the news stations this past weekend and today professing she runs out of money on or about June 1st.

https://www.cnbc.com/2023/05/08/debt-ceiling-janet-yellen-says-default-would-be-economic-catastrophe.html

Treasury and the Congressional Budget Office both released new reports last week predicting that these measures could be exhausted as early as June 1, which was sooner than Wall Street or the White House had been expecting. The new, earlier date was the result of lower than expected federal tax revenues in April.

3x to 5x return on SVIX is my target. Could go higher. Use the charts to get out. GLTY

https://stockcharts.com/h-sc/ui?s=UVIX&p=D&yr=0&mn=4&dy=1&id=p08572182216