VIXY / TVIX - Weekly View Confirms Bullish Flip Coming
מעודכן
Weekly view on VIXY/TVIX confirms the trend should be flipping to Bullish by next week.
Weekly RSI trend has just broken to the upside.
Recently broke out of the shoe/banana pattern.
VIXY has followed this pattern for years, so I feel this is strong.
Everything is lining up to next week sometime we should see SPY go down and VIXY/TVIX go up.
EXITS
-At pink line around $19
-If Daily RSI gets to 70 or higher
If we don't get a bullish trend by next week on VIXY, I am wrong.
For Daily view posted yesterday see chart below.
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, and VIXY.
Short SPY, AAPL
Weekly RSI trend has just broken to the upside.
Recently broke out of the shoe/banana pattern.
VIXY has followed this pattern for years, so I feel this is strong.
Everything is lining up to next week sometime we should see SPY go down and VIXY/TVIX go up.
EXITS
-At pink line around $19
-If Daily RSI gets to 70 or higher
If we don't get a bullish trend by next week on VIXY, I am wrong.
For Daily view posted yesterday see chart below.
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long MARA, GBTC, BTCUSD, GDX, and VIXY.
Short SPY, AAPL
הפקודה בוטלה
I have exited the trade due to China Deal phase one closing. Tariffs put off.I will wait for another entry and update then. Catalyst was not successful in this case.
כתב ויתור
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