Tuesday, July 23, 2013

Tues thoughts


403
VIX up 3% today, UVXY down 0.85% today,,,,shows they do not directly correlate like SPX:UPRO or even like SPX:SPY

but imo, the futures on VIX should go higher, and thta will send VXX and UVXY higher

357
more intense selling on SPY likely if rsi 60min gets under 45, its at 53 now

356
Gap analysis suggests that SPY will gap down tomorrow

354
i still believe spx will break 1690 and UVXY will shoot up 10-40%

353
added more UVXY...tripled position size, swing

349
ADDED to UVXY here today...look at ES and SPY charts, 60 min !!!

345
took gains on half of NUGT multiweek swing position at 8.52, will try to buy back later, keeping half for higher later

huge move on nugt, 68% move higher

still see the double or triple targets, later,


* ChristopherStockGuy is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. For details, see the post from SATURDAY, AUGUST 15, 2009 titled "Disclaimer".


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