wait for a backtest?  or just pull the trigger long

the VIX line in the sand going back 2.5 years

A Fidelity site discussing investing in VIX problems

https://www.fidelity.com/learning-center/investment-products/etf/alternative-etfs-vix

So in the last few years, VIX is about as low as it ever gets, I would like to buy VIX long and look for a double or more.   Per a Cambridge advisors, they don't have any vehicles that closely follow VIX, and I hate paying premium for options, I have enough cash to use their is no need to buy premium.

So anyone got any secret ETFs that follow vix?

wedges galore

Any thoughts on ACMR, holding as a long, but I don't see anything compelling, except the tailwind created by the USD weakening.

I was just thinking about closing out my WMT short yesterday, as it appeared to be breaking out of its channel to the upside.    Earnings this 6AM, missed by a penny and then plummeted.   So question is for those with experience....seems like an extreme reaction, strategies would be to just close out the trade and be ready to reshort on further weakness....or set a stop and then the question is WHERE.

coin followed that pretty much too

Steve, sometimes those things are Leading Diagonals that continue up....sometimes bear wedges that break down.    Can you discuss identification or at least exclusion

Thanks!

Wow, these things are wild.   Have no idea how to interpret them......this is on Amazon

https://www.fxempire.com/indices/vxazn-ind_cbom/chart

I see, but if I follow your links, then I can see the intraday....obviously.   Do they have to be a recent link...as I was following a BPT link from yesterday and couldn't get to the intraday with the wedge drawn in.

MUX back tested the down channel and then exploded up, still not up to my long purchase at 8.26, I held this too long in the down channel....distracted by "life", but at least a nice recovery so far.   Always a tough call to trail a stop up.....when its so overbought....how close to trail

Looks like after a month of shenanigans, the USD may throwing the towel, benefiting most stocks and bitcoin stuff (any got stats on the correlation?)

held COIN even through that "fake break" of the lower trend line at 70, now approaching 100

Mahalo!

Now in a short position at 215.00 after taking a loss on the long from within the pattern yesterday....uncomfortable trade.   on TSLA

I bought some Hawaiian Electric after the Conflagration in Lahaina.   Now in the black.   If the real truth ever comes out, they will be 90% exonerated.   Note that Feds gave them $90M to pretty much shut up in their own defense until the real story fades into the history of 15 minute cities.

Big move up today, and trying to break out of it's up channel

So I am trying to pull up the BPT chart on TSLA showing the wedge, but all I can get is a daily or weekly chart, which is not fine enough, what am I doing wrong here.    On my TOS, TSLA broke the lower wedge line at open on very oversold on the 5min RSI14.   

So trying to set a smart stop, did one just below the opening lowest hit, thoughts>

I'll dip my toe in to buy long within the pattern....closing that big gap would be a 10% gain.

RSI14 daily higher than I would like to enter a long on DELL, monitor for a pullback methinks