Fisher Transform, MACD, and RSI turned bullish on Daily.
Falling wedge within falling wedge is turning to breakout higher.
Going into the holidays it may go super-bullish and blast through the top of wedge.
Otherwise rejection at top of wedge in November/December provides another entry in January at point of wedge.
By Mid-2020 to Late-2020 we should see VIXY get above $30 with elections and market peaking.
Monthly Call options are fairly cheap for VIXY. Or a person can dollar cost average from now until about January for good position.
Excellent risk to reward payout on options.
I am long VIXY, GBTC, BTCUSD, GDX, and MARA.
Falling wedge within falling wedge is turning to breakout higher.
Going into the holidays it may go super-bullish and blast through the top of wedge.
Otherwise rejection at top of wedge in November/December provides another entry in January at point of wedge.
By Mid-2020 to Late-2020 we should see VIXY get above $30 with elections and market peaking.
Monthly Call options are fairly cheap for VIXY. Or a person can dollar cost average from now until about January for good position.
Excellent risk to reward payout on options.
I am long VIXY, GBTC, BTCUSD, GDX, and MARA.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.