Good catch. $RUT has been up the last 6 days! If one bought $RUT at the $RUT:$RVX buy signal, and held it all the way, they'd be green (barely). Maybe the better move is to short TZA, instead.
I don't think it is going to make it to the upper BB this week. In fact, I'd put $$$ on that.
I took a small… very small short position today at 110.35 spy. I'm looking for a move down to 108-109 by Friday, as 108 is the current pain level for this opx.
Gcocks,
I added TZA at 9.42.
Didn't sell anything. Slow day.
Did you do anything today? I bought a amzn put spread that anna recommended. Small amount.
Apple did show some weakness today. I hope it carries over into tomorrow.
TZA closed down 1.8% today.
We are in a New Moon Trade (favors TZA).
[ After two days, this trade is DOWN 6.9% ]
Volume today for TZA was slightly more than yesterday, which at the time was the lowest of the last 21 days.
RVX (VIX for RUT) moved generally down all day, closing 4.0% lower.
TZA has now been down six days in a row.
Overall, it looks like TZA might fall again on Wednesday.
Carl Futia had a range for /ES today was 1088 – 1102.
Actually range was: 1092.50 – 1100.00
Grade: B
Good catch. $RUT has been up the last 6 days! If one bought $RUT at the $RUT:$RVX buy signal, and held it all the way, they'd be green (barely). Maybe the better move is to short TZA, instead.
I don't think it is going to make it to the upper BB this week. In fact, I'd put $$$ on that.
dread, time to look at the rut/rvx again.. it is about to touch the upper BB.
http://stockcharts.com/h-sc/ui?s=%24RUT:%24RVX&…
Thanks sun…
I took a small… very small short position today at 110.35 spy. I'm looking for a move down to 108-109 by Friday, as 108 is the current pain level for this opx.
No more large positions… as this last one hurt.
SPY opened and closed above it's max contain pt. on the daily
We'll see what the open is tomorrow, AAPL's print on the daily isn't very bullish
The last two thursday's have been a gap down
That's helps. thanks, Now are you looking for a setup for tomorrow with the data from 12:45 -4:00?