Tuesday, September 22, 2015

[UVXY] struggling with resistance.

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I just sold UVXY for a 15+% profit on the day waiting to see if it has the stones to break out of this resistance that it is clearly struggling with.  I'd really like to see it a-b-c back to $46 to get a running start on this tomorrow or the day after but if it breaks out then I'll get back in.  UVXY has a habit of waiting until the last 30 minutes of the day before moving hard.

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