damoonmotamedi

damoonmotamedi Updated 

VXX automatically loses value over time. Shorting VXX in complacent market has a good risk-reward!

damoonmotamedi

I had published an idea while ago and now after I revisited the IHS target I realized I have to correct it. I thin $2400 is a great psychological level as well!

damoonmotamedi

VXX is acting strong today. However, market has animal spirit right now and it pays you if you short Vol than going it long. Short VXX as soon as it hits 20MA! Stop is close above 50MA!

damoonmotamedi

IWM is finally broke out and heading to $141!

damoonmotamedi

IWM has been consolidating for quite sometime. It is ready for higher prices!

damoonmotamedi

IWM is ready for another leg higher and it will take out many shorts during the charge!

damoonmotamedi

IWM held $134.80 level and showed strong support. There is another leg up in coming weeks!

damoonmotamedi

IWM is consolidating in a triangle and formed a bull flag! $134.50 is a support to hold in this trade!

damoonmotamedi

IWM is ready to pop again with textbook Cup and handle pattern!

damoonmotamedi

VXX is severely oversold. There is a good chance for a bounce in the new year as people start taking profits!

damoonmotamedi

Gold miners are in no man land! $20.14 level held for while and now it is broken! Bounce to that level is a great shorting opportunity!

damoonmotamedi

IWM is strong mover in this market and taking the charge today as well!

damoonmotamedi Updated 

There is a good chance we see volatile move. Quick scalp trade with gap fill hit would be a great one!

damoonmotamedi

IWM is ripping out. The inverse head and shoulders has formed in weekly chart and broke out of neckline. Target on RUT is 1438.

damoonmotamedi Updated 

IWM show huge strength. Do not get in the way of Russell!

damoonmotamedi

Russell 2000 had a huge run. Yet it seems to have one more leg up!

damoonmotamedi

This is a strange period! Rates are gone up 50 bps which translates into 2 rate hikes and the markets rallied instead of selling off! Nothing here makes sense! And this pattern would be a cherry on the top of icing!

damoonmotamedi Updated 

This is the most profitable trade of the year! Anytime it hits 20MA, you could have safely short it!