Tuesday, February 2, 2016

Feb 2 - sell signal SPY, buy signal VIX

Getting daily signals on SPY and VIX.  We aren't quite where I thought we would go but perhaps there were too many people expecting upside like myself.  I have taken a short on SPY with a stop a bit above the gap open.

Sell signal on on hourly but the last one failed.
 This signal looks very feasible as it is pretty similar to the post Aug bounce
 VIX didn't hit its trendline but stochs and CCI are lining up well.

No comments:

May 15 - Closed out IWM puts for +120% and picked up DAL and HD Jun calls

I'm going to let the market do its thing this week and probably stay away from new positions until Friday unless something very good pop...