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Keeps going higher - busted

WIFI Daily View

Posted by ojc345 on 14th of Feb 2020 at 09:17 am

Keeps going higher - busted through first target on high volume. Where do you see the next targets? 

Matt - since the exhaustion short is meant to be for quick trades, does your system have ability to identify or stay in a short position if it could turn into a swing Trade? Trying to gauge probability of maintaining short on broader market turn. Also what are your thought on VIX as a short proxy? Thanks. 

What are your thoughts on

Exhaustion short

Posted by ojc345 on 21st of Nov 2019 at 02:32 pm

What are your thoughts on a bigger directional move considering the narrow BB for VIX? 

Consider writing calls on your position. I just did that considering the move is parabolic. 

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