Feeding off of pain and euphoria. Find me on Twitter @greenlander1
Thursday, September 24, 2015
Sept 24 - Long SSO
I jumped the gun yesterday with the XIV position and quickly got out pre-market. Around midday we started seeing positive divergence and built up a decent sized long position in SSO. Looks like we might have a very short term bottom. That said, over intermediate term, what I am aiming for is a better position to short to retest lows, but for now, just taking it one step at a time and not trying to enforce my wants on the market.
Reversal candle on diminishing volume on SPY. Didn't quite getting oversold on CCI/ stochs but did tap the lower BB
VXO printed exhaustion candle, more visible than the VIX doji