I know no one asked me, but what the heck - XIV: sitting right at 2 month resistance, 2 days on upper BB, highly overbought, RSI just peaked, gained 2% today on lowered volume, but the stochastic has yet to execute a bearish crossover. I'd say the adventurous could go short here, but the more conservative might want to wait another day or so.
I went G fund in my TSP today and bought some TZA in after hours at 16.81. Hopefully we make some money on Thurs/Fri. :)
ReplyDeleteHappy 4th everyone!
Hey J,
ReplyDeleteAny thoughts on the VIX, I shorted some XIV @ 12 yesterday. The spot vix is below 17 now. Your inout shall be appreciated.
Thanks
I know no one asked me, but what the heck - XIV: sitting right at 2 month resistance, 2 days on upper BB, highly overbought, RSI just peaked, gained 2% today on lowered volume, but the stochastic has yet to execute a bearish crossover. I'd say the adventurous could go short here, but the more conservative might want to wait another day or so.
Deletethanks michele , i like reading your blog along with J traders trades.
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