Posted by Robert50 on 11th of Aug 2011 at 01:53 pm
My inverse SPY hedge, SPXU, is rolling over. We broke the
uptrend today and started a small downward channel. If it can
stay in that channel, the worst is over. EOD tomorrow should
give us a better pattern.
Starting to Bottom? SPXU 60
Posted by Robert50 on 11th of Aug 2011 at 01:53 pm
My inverse SPY hedge, SPXU, is rolling over. We broke the uptrend today and started a small downward channel. If it can stay in that channel, the worst is over. EOD tomorrow should give us a better pattern.
http://stockcharts.com/h-sc/ui?s=SPXU&p=60&b=5&g=0&id=p99314728458&a=241454996