Monday, August 17, 2015

Aug 17 - First stage of potential bullish breakout

Price looks good, very good breaking out of the triangle.  VIX being up and very weak volume not so good.  I remain long but will be wary if we hit any resistance like upper Bollingers, overbought conditions on the hourly.  Looking ahead looking to short when VIX hits 12.

No comments:

Aug 25 - Re-entered (again) GLD short, long LVS, AMZN, NFLX, SHAK

I have been stopped out twice in last few weeks trying to short GLD.  I have a pretty sizeable position of Nov/ Dec GLD/ GDX puts. Also ha...