Trading Ideas: .SPX& UVXY

MasterWU
06-03

Hello everyone! Today i want to share some trading ideas with you!

1.

$ProShares Ultra VIX Short-Term Futures ETF(UVXY)$ ready to Launch:

(1) I've used 2-hr UVXY chart to pinpoint the location of a sudden eruption of Vols.

(2) now, the divergence pattern is SO steep, that a violent move is due within 2 days.

(3) better buy some UVXY 6/6 calls to protect [fly to Asia tonight, no tweet tmrw].

ImageImage

2.

Triangle toward 6/4: $S&P 500(.SPX)$

(1) two major trendlines have contain the upward so far, stopping it for three times.

(2) SPX teased around new rebound high, but based on current structure, 5968 would remain untouched.

(3) Wedn. marks the end of this triangular move, a final resolution.

ImageImage

For whom haven't open CBA can know more from below:

🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!

Find out more here：

Technical Analysis
Here is the place for you to discuss & learn about technical analysis.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment
1