Nothing too difficult here. I think that Italy will vote to leave the EU and we will have a little correction. BUT, I just don't think it will be that great. I am aiming for the blue box. In other words, a retracement to the 38% to 50% then bounce right before the rate hike. I do not think this vote will be as great as the Brexit because it appears to have been talked about sooo much that it is partially priced in, IMO.
I bought into TVIX for a short pop. I will post the chart as I see this playing out.
Comment
TVIX Chart
I am aiming for the 200DMA for PT for a post rate hike.
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