Seeing negative divergence on the 1 hr frame, buy signal on VIX daily and sell on SPY daily. It might take a bit for price to confirm more clearly but VIX spiking has tilted things more bearish. upon confirmation, will add to position as still possible we melt up. Starting with 50% position.
TRAN issuing sell signal and weak price action today.
First down day in a week for SPY but things might rebound by close.
VIX looks like a buy here.
Negative divergence, to be seen whether it plays out. But price is struggling somewhat.
SPY still in uptrend and will need decisive break below channel for shorts.
Very bearish now and looking for a retest of lows in 2-3 weeks. I have puts in SPY, AAPL, GOOS, and GLD. Calls in RIG every major dro...
I am liking the set up for XLE a lot now and XBI I am hoping for some settling so I can board the train. Maybe within 1-2 weeks? Missed ...
Didn't make any changes Fri except close the GLD short as the miners + silver started showing strength and an oversold signal on the 2 h...