Wednesday, March 30, 2016

Mar 30 - ATH's?

SPY is showing solid volume in the morning so far and my TVIX short +10%  is moving nicely.  GDX has slipped a bit but still not at breakeven yet, -5%.

It remains to be seen whether this is blow off top or true buying pressure.
Volume is strong if you look in the yellow boxes vs previous days.

Miners still holding strong.  Hopefully this thing starts slipping soon.
Big move beyond the upper BB
 Right now above resistance and close to upper BB but not scratching it yet so still room to go up
 VIX is very close to a zone I would feel comfortable shorting for a multi day play

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Feb 27 - $shak primed for a big move

Still holding $RIG Mar2 and Mar16 calls which are up 100-200%.  $shak settling nicely and I have plenty of time with Jun 45 calls