The Euro is pretty likely going to hit 1.1320 tomorrow at London open. This level might be not enough to stop it, and in that case 1.1240-50 should be next.
JI
jimkane
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I'm afeared (it's an Old/Middle English term) it may be done. If not, I really, really want it to sweep 12.25...
JI
jimkane
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Posts: 33,089
Why am I so nervous here? That low was in a key KZ (among other things), and that is going to be quite a foundation for it. This drop here is a perfect 'retest' of that.
JI
jimkane
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Crap. Okay, have fun.
Originally posted by MarcinO
BTW. I'll be off the forum till next week.
JI
jimkane
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I don't think it will give way, but if it does, and it takes out the low end of the range at 12.25, I will be watching around 2001-2 (center of area) next.
JI
jimkane
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I'll post it, but I think it's done. I like 86-87 a real lot if it really picks up some sellers.
JI
jimkane
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Posts: 33,089
I'd love to hear move about that. That thing is trading say 27 now, but at its peak was 489,600. I'd say it's down a little. What is it leveraged to, like 100 to 1, when you convert from VIX futures to SPX?
Originally posted by rat89
I'm experimenting with using the spx/ spy triggers to trade uvxy, based on work that roofer did a while back. The damn thing will knock your socks off if you're wrong. It's an animal.
