Posted by frtaylor on 27th of Aug 2015 at 12:46 pm
This little pullback off the highs is back testing the 9ema.
Probably it will bounce this first time. If we go back down to it
again, I'm watching for a break and a failed back test from below
to take a small short. (9 ema on SPX, not SPY.)
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This little pullback off the
SPY looks like it's weakening here. VXX "starting" to look interesting on 15 and 60
Posted by frtaylor on 27th of Aug 2015 at 12:46 pm
This little pullback off the highs is back testing the 9ema. Probably it will bounce this first time. If we go back down to it again, I'm watching for a break and a failed back test from below to take a small short. (9 ema on SPX, not SPY.)