12Jan1:36 pmEST

In for a Quickie; Chess Moves

Black_Queen_Advances I went long UVXY, the ultra-long volatility ETF, at $28.32 with a protective stop-loss below $27. This position is about 4% of my capital. And I may very well day-trade it before the session is over. Volatility did a good job of digesting its morning gap up without giving much back, seen on the 30-minute chart, below. I am playing for an uptick in fear in the market here. UVXY

A Tough But Worthwhile Race More Scaling, More Trailing;...

 
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