VIX closed last week on the lowest level since august 2015 – and we all remember what happened then. This, combined with the highest ever level for S&P 500 make me a little cautious in the short term. Move up in S&P 500 looks somewhat tired. I believe market needs some rest and is ready for a small correction. So here is my idea for the trade:
buy
VXX (iPath S&P 500 VIX ST Futures) in anticipation of S&P to decrease to 2100-2090 level in the next one to two weeks or
sell short
ES1! (S&P e-mini futures) with the target 2091-2085.
As usual, watch your risk and follow capital guidelines.
buy
VXX (iPath S&P 500 VIX ST Futures) in anticipation of S&P to decrease to 2100-2090 level in the next one to two weeks or sell short
ES1! (S&P e-mini futures) with the target 2091-2085.As usual, watch your risk and follow capital guidelines.
Catatan
Look ar that NAAIM exposure index chart:naaim.org/programs/naaim-exposure-index/
Seems to me investment managers have pushed their clients (equity accounts) to be nearly fully allocated to stocks.
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.