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.
I bought into TVIX for a short pop. I will post the chart as I see this playing out.
Note
TVIX ChartI am aiming for the 200DMA for PT for a post rate hike.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.